Apple Inc. has posted exceptional results for its fourth fiscal quarter of 2025, setting new benchmarks in revenue and profit. The company reported $102.5 billion in revenue and a net profit of $27.5 billion, equal to $1.85 per diluted share. The results mark a significant improvement from the same period last year, when Apple earned $94.9 billion in revenue and $14.7 billion in profit, or $0.97 per share.
The strong figures were driven primarily by robust demand for the company’s latest iPhone lineup and continued expansion of its Services business, both of which set new records for the September quarter.
Recovery from Last Year’s Tax Hit
Apple’s year-ago results were weighed down by a one-time $10.2 billion charge related to tax issues in the European Union, which had a major impact on its net income. Excluding that charge, last year’s earnings would have been $1.64 per share, showing that Apple’s current growth remains impressive even without the one-off adjustment.
The company also achieved a gross margin of 47.2%, compared with 46.2% in the prior year, reflecting its ability to manage costs while expanding product margins. Apple declared a quarterly dividend of $0.26 per share, payable on November 13 to shareholders of record as of November 10.
A Record Year Across the Board
Apple’s financial success extended beyond the quarter. For the full fiscal year 2025, the company generated $416.2 billion in total revenue and $112.0 billion in net income, setting new all-time records. This compares with $391.0 billion in revenue and $93.7 billion in profit in fiscal 2024, underscoring Apple’s steady growth across multiple product categories.
The results broke previous company highs from fiscal 2022, solidifying Apple’s dominance in both hardware and services as it continues to expand its ecosystem globally.
Tim Cook Highlights Product Momentum
Apple CEO Tim Cook credited the record quarter to the company’s latest product launches, including its new iPhone 17 series, AirPods Pro 3, and Apple Watch lineup, along with upgraded MacBook Pro and iPad Pro models powered by the M5 chip.
Cook said the September quarter reflected Apple’s strongest product lineup yet and expressed optimism heading into the holiday season, traditionally the company’s most profitable period.
New iPhone Lineup Drives Revenue Surge
The iPhone 17 family, featuring the iPhone 17, 17 Pro, 17 Pro Max, and the newly introduced iPhone Air, played a major role in the quarter’s success. With enhanced performance, improved battery life, and advanced camera capabilities, the lineup has resonated strongly with consumers worldwide.
Analysts noted that the inclusion of the more affordable iPhone Air helped Apple expand its reach, appealing to customers seeking premium features at a lower price point. Combined with strong Mac and iPad sales, Apple’s hardware portfolio has maintained consistent momentum despite broader industry slowdowns.
Services Business Hits All-Time High
Apple’s Services division — which includes subscriptions such as Apple Music, Apple TV+, iCloud, and the App Store — reached a new all-time revenue record during the quarter. The segment continues to grow faster than hardware sales, reflecting Apple’s ongoing shift toward a recurring-revenue model.
With millions of users joining or renewing subscriptions across its digital ecosystem, Services now account for a larger share of Apple’s total income than ever before. This diversification has made the company’s revenue stream more stable and less dependent on iPhone upgrade cycles.
Cautious Outlook, Strong Expectations
As in previous years, Apple did not issue formal financial guidance for the upcoming December quarter, citing global economic uncertainties and market volatility. However, the company is expected to discuss trends and forecasts during its quarterly investor call.
Despite the lack of official guidance, analysts predict another strong quarter ahead, pointing to the early success of the iPhone 17 range and strong demand for Apple’s other newly released devices. The upcoming holiday season is expected to further lift sales, with many forecasters anticipating continued double-digit growth in both hardware and services.
