Apple’s third-quarter 2025 earnings are out and Apple reported revenue of $94 billion, a 10% year-over-year gain. The diluted earnings per share was $1.57 an 12% year-over-year gain.

Tim Cook had this to say:

Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment. At WWDC25, we were excited to introduce a beautiful new software design that extends across all of our platforms, and we announced even more great Apple Intelligence features.

Going into today’s earnings, Reuters reported that the Wall Street consensus was for 4.2% growth in revenue to $89.34 billion, reflecting ongoing concerns over tariffs and the slow rollout of Apple Intelligence features.

Today’s results are substantially better than expected, led by double-digit gains for iPhone, Mac, and Services sales. Apple’s board of directors has authorized a $0.26/share dividend, too.