Apple Posts Strongest Quarterly Growth Since 2021

Apple Posts Strongest Quarterly Growth Since 2021

Business

Apple reported its strongest revenue growth since late 2021, with fiscal Q3 (April–June) revenue rising 10% year-on-year to $94.04 billion, and net income climbing 9.2% to $23.4 billion, CE Report quotes Anadolu Agency

Earnings per share rose 12% to $1.57, beating market expectations.

iPhone sales led the way, growing 13% to $44.58 billion. The Mac division saw the fastest growth, up 15% to $8.05 billion, while services revenue rose 13% to $27.42 billion.

CFO Kevan Parekh cited high customer loyalty and a growing device base as key drivers. Apple shares rose 2.42% in after-hours trading to $212.59.

Tags

Related articles