Visualizing Apple’s Q3 2025 Revenue
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Key Takeaways
- Apple reported strong results for Q3 2025, with total revenue growing 10% year over year to $94B.
- Apple’s main growth drivers were iPhone, Services, and Mac. Strong iPhone sales are partly due to customers upgrading before tariffs come into effect.
Apple’s Q3 2025 earnings (quarter ending June 28, 2025) were largely a success, with the company posting its highest revenue growth since December 2021.
Overall revenues were $94 billion, up 10% from the same quarter last year. Much of this momentum came from the iPhone product line, boosted by consumers upgrading ahead of anticipated tariff hikes.
Data & Discussion
The data for this visualization comes from the company’s latest earnings report. We used it to visualize Apple’s Q3 2025 revenue by product line, along with year-over-year growth rates.
Product | Q3 Revenue | YoY Growth (%) |
---|---|---|
![]() |
$44.6B | 13.5% |
![]() |
$27.4B | 13.3% |
![]() |
$8.0B | 14.8% |
![]() & Accessories |
$7.4B | -8.6% |
![]() |
$6.6B | -8.1% |
iPhone Sales Surge Ahead of Tariffs
iPhone revenue jumped 13.5% to $44.6 billion in Q3, making it the largest contributor to Apple’s overall growth.
Analysts attribute part of this boost to early upgrades from customers looking to avoid higher prices once new tariffs on Chinese-made electronics take effect later this year.
The performance may also reflect the success of Apple’s latest models, which emphasize AI-driven features and improved battery life.
Services Continue to Grow
Apple’s Services segment, which covers the App Store, Apple Music, and iCloud, generated $27.4 billion in revenue, up 13.3% year over year.
The steady expansion underscores the stickiness of Apple’s ecosystem, where recurring subscriptions and platform engagement provide stable, high-margin revenue streams.
For example, the App Store primarily makes money by taking a 15-30% commission on digital purchases & subscriptions made through apps.
Apple’s practices can also be controversial. In 2024, the European Commission fined the company €1.8 billion for preventing app developers from informing iOS users about cheaper music subscription services available outside the Apple ecosystem.
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