Apple Inc.

Apple delivered a strong fiscal third quarter, posting diluted EPS of $1.57 against a consensus estimate of $1.43, a beat of 9.79%, as revenue climbed 9.6% year over year to $94.04 billion. The headline driver was a resurgent iPhone business, which generated $44.58 billion compared to $39.30 billion in the year-ago period, anchoring broader product revenue of $66.61 billion. Services continued its upward trajectory, reaching $27.42 billion versus $24.21 billion a year ago, with the company citing an expanded installed base of active devices across all product categories and geographies as a key tailwind. Gross margin widened to $43.72 billion from $39.68 billion, while net income rose to $23.43 billion from $21.45 billion. Growth was broad-based geographically, with the Americas leading at $41.20 billion and Greater China recovering to $15.37 billion from $14.73 billion. CEO Tim Cook pointed to expanded Apple Intelligence features as a strategic priority, underscoring the company's deepening push into AI integration across its software platforms.