Apple Reports Strong Q3 Growth Despite Tariff Challenges

Apple defied macroeconomic headwinds to deliver a robust fiscal Q3 2025 performance, with revenue climbing 10% to $94 billion and EPS rising 12% to $1.57. Both metrics surpassed analyst expectations, powered by stronger-than-anticipated iPhone sales and continued services growth.

The tech giant demonstrated remarkable resilience in its Core product segment, with iPhone revenue jumping 13% to $44.6 billion. This performance comes despite significant tariff pressures that were expected to create a $900 million drag. Apple's strategic shift to Indian manufacturing for U.S.-bound devices appears to have mitigated some trade policy impacts.

Services maintained its momentum with 13% growth, reaching $27.4 billion. Equally noteworthy was Apple's return to growth in China, where sales increased to $15.4 billion from $14.7 billion in the year-ago quarter.