Apple Inc. (AAPL) Shares Surge After-Hours on Strong Q3 Earnings and iPhone Growth
Apple Inc. (AAPL) shares climbed 2% in after-hours trading to $211.00 following a robust fiscal third-quarter earnings report. The company posted earnings per share of $1.57 on revenue of $94.04 billion, marking year-over-year growth of 12% and 10%, respectively. iPhone sales, a key driver, surged 13% to $44.58 billion, offsetting weaker iPad performance.
Geographic diversification paid off as Apple achieved double-digit growth across nearly all regions. Services revenue and Mac sales contributed significantly to the upside. A $0.26 per share dividend announcement further bolstered investor confidence.
Market attention now turns to the iPhone 16 launch and AI integration plans as catalysts for sustained momentum. The China rebound—a critical market for Apple—adds credence to bullish projections for the coming quarters.