On Thursday evening, Apple reported Q3 2024-25 (ended June 28), EPS growth of 12% to $1.57, a high for this time of year and significantly above the consensus.
Revenue rose 10% to a record $94bn in the quarter, with double-digit growth for iPhone, Mac, and services, as well as growth worldwide in all geographic regions.
At WWDC25, we were thrilled to introduce a beautiful new software design that spans all of our platforms, and we unveiled even more features of Apple Intelligence, CEO Tim Cook said.
Our installed base of active devices also reached a new all-time high across all product categories and geographic regions, thanks to our customers' high satisfaction and loyalty, added CFO Kevan Parekh.
Apple Inc. specializes in the design, manufacture and marketing of computer hardware and music supports. Net sales break down by family of products and services as follows:
- telephone products (50.4%): iPhone brand;
- peripheral devices (8.6%): screens, storage systems, printers, video camera, memory cards, server, switches, etc.;
- computers (8.1%): laptops (MacBook, MacBook Air and MacBook Pro brands) and PCs (iMac, Mac mini, Mac Pro and Xserve);
- music support (6.7%): music readers iPod and iPad and accessories;
- other (26.2%): software, maintenance service and Internet access service, etc.
Net sales are distributed geographically as follows: Americas (42.8%), China/Hong Kong/Taiwan (15.5%), Japan (6.9%), Asia/Pacific (8.1%), and Europe/India/Middle East/Africa (26.7%).
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