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Apple Results Blow Past Forecasts as Customers Race to Beat Tariffs
August 02, 2025
|The Straits Times
The tech industry has spent much of the past week boasting about how artificial intelligence is boosting sales. Then there's Apple.
SAN FRANCISCO -
The iPhone maker, which has been slow to release AI products, reported on July 31 that revenue increased 9.6 per cent in the most recent quarter to US$94.04 billion (S$122 billion) behind sales of the iPad, Mac and App Store.
The familiar products lifted profit 9 per cent from a year earlier to US$23.43 billion, surpassing the company's record for the quarter, which was set in 2021.
The results blew past expectations. Wall Street analysts had predicted quarterly sales of US$89.34 billion and profit of US$21.43 billion.
The company's shares rose more than 3 per cent in after-hours trading.
هذه القصة من طبعة August 02, 2025 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Straits Times
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