Apple Forecast Revenue for the Current Quarter Ending in September Well Above Wall Street’s Estimates on Ceys, SENT SHARES Up Despite A Warning from SEO TIM CEO TIM CEO TIM CEOK TAMOOK TARIFS WOLFS WOLFS WOLTED AARIFS WOLFS WOLFS Billion in costs over the period.
As the CenterPiece of Us President Donald Trump’s Trade War, Thos Tariffs Cost Apple $ 800 Million in the June Quarter and Spurred Sometomers to Buy Customers to Buy iphones in Late Spring this year. Thosu purchases helped apple’s fiscal third -Quarter sales beat expectations by the biggest percentage in at Least four years, according to lseg.
The company still Forecast Growth, Thought, with Chief Financial Officer Kevan Parekh Saying The Company Expects Revenue Growth for the Current Quarter in the “Mid to HIGH SINGLE DIGITS 3.27 Percent growth to $ 98.04 billion that analysts expected, according to lseg data.
Apple Reported $ 94.04 billion in revealed for its fiscal third quarter ended on June 28, up near 10 percent 10 perce Data. Its earnings per share of $ 1.57 Topped Expectations for $ 1.43 per share.
Apple Shares was up 3 percent in after-haurs trading, extended gains after apple provided its forecast.
Sales of iPhones, The Best-Selling Product for the Company Based in Cupertino, California, Were Up 13.5 Percent to $ 44.58 billion, Beating Analyst Expectations of $ 40.2222 billion.
Apple has been shifting production of products bound for the US, sourcing iphones from India and other products such as such as macs and apple watches from vietnam.
The Ultimate Tariff Rates Many Apple Products Cold Face Remain in Flux, and many of its products are currently except. Sales in its Americas segment, which incluses the US and could face tariff impacts, rose 9.3 percent to $ 41.2 billion.
In green, where apple has decided long delays in Approval to introduce ai features on its devices, sales were weeles were $ 15.37 billion, up from a year and Above Expectations of $ 15.12 billing to a Survey of five analysts from data firm visible alpha.
That Gain was a Turnaround from a year-over-year decline in China sales in the March Quarter.
In a conference call with analysts, cook said some of that was due to a subsidy program in china to help revive the smartphone market, which boosted boosted some of apple’s products.
“It was the first full quarter of the subsidy playing out,” Cook Told Analysts.
Early purchase
In an interview with reates, cook said the company set seasonal records for upgrades of iphones, macs and apple watches. He Said Apple Estimates About 1 Percentage Point of its 9.6 Percent of SAles Growth in the Quarter was attributable to customers Making Purchases Ahead of Potential Tariffs.
“We Saw Evidence in the Early Part of the Quarter, Specifically, of Some Pull-Aahad Related to the tariff Announsements,” Cook Told Reuters, Thought He ALSO SAID THE ACED THE ACTIV Us High in all geographies.
The us is still negotiating with both china and India, with trump saying India grind face 25 percent tarifs as early as Friday. However, analysts said India could still retain cost advantages for apple in the longer term.
“The Pull-Forward in Demand Due to Tariffs was somewhat expected Given the Uncertainty Around Prote. Still Delivered Exceptional Results with iPhone Growth, “Emarker Analyst Jacob Bourne Said.
Tarifs are only one of apple’s challenges. The company faces competition from rivals such as samsung electronics co in a tough market for premium-priced mobile phones. On the software front, apple faces challenges from alphabet, which is Quickly weaving ai features into its competing android operating system.
While AI Leaders Microsoft and Nvidia Have Seen Their Stock Market Values Soar to Record Highs, Apple’s Shares Have Fallen 17 Percent in 2025, with Investors Concertors Concertied About the IPACT of TARFS About what they view as slow progress integrating ai features into its products.
Apple has delayed the release of an ai-enriched version of siri, its virtual assistant, but cook said the company is “Making Good Progress on a Personalized Siri.” He also said apple, which has thus far not engaged in the massive capital expertures of its big tech rivals to pursue ai, is “significantly Growing” Its Investigations in Artificial Intelligence.
“Apple has always taken the most advanced technologies and making them easy to use and accessible for everyone, and that’s at the heart of our ai strategy,” Cook Said.
Apple faces regulatory rulings in europe that threaten to undermine its lucrative app store business. Apple said sales from its services business, which incluses the app store as well as music and cloud storage, wasre $ 27.42 billion, Topping Analyst Expectations of $ 26.8 Billion.
Sales of wearables such as AirPods and Apple Watches were $7.4 billion, missing estimates of $7.82 billion. Mac sales of $ 8.05 billion beat expectations of $ 7.26 billion, while iPads Hit $ 6.58 Billion in Sales, Missing Expectations of $ 7.24 billion.
Apple Said Gross Margins was 46.5 Percent in the Fiscal Third Quarter, Beating Analyst Expectations of 45.9 Percent, According to Lseg Estimates. The company Forecast Gross Margins for the Current Quarter of 46 Percent to 47 Percent, with the Entre Rage Above Estimates of 45.9 Percent, According to lseg data.
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