Apple’s iPhone 17 Series Powers $49 Billion in Sales Within 8 Days

Apple ended its fiscal year on a strong note, reporting $102.5 billion in revenue for the quarter ending September 27, 2025. This marks an 8% increase over the same quarter last year. The company’s net income rose to $27.47 billion, nearly doubling from the same period in the last financial year, while earnings per share reached $1.85, up 13% year-over-year.

iPhone and Services Drive Growth

Revenue from iPhone sales hit a record $49.03 billion, up 6% year-over-year, even though the iPhone 17 series and iPhone Air were only available for the final eight days of the quarter. Their full sales impact is expected in the company’s Q1 2026 report.

Apple’s Services segment, which includes the App Store and subscriptions like iCloud and Apple Music, also reached a new milestone with $28.75 billion in revenue, marking a 15% increase over the same period last year.

Mac revenue rose 13% year-over-year to $8.73 billion, even without a new product launch during the quarter. The recently introduced M5 MacBook Pro will be reflected in the next quarterly report. iPad sales remained flat at $6.95 billion, while Wearables, Home, and Accessories rose 5% to $9.01 billion.

Tariff Costs to Rise

Apple expects strong demand to continue during the holiday season, projecting 10% to 12% revenue growth for the December quarter. However, tariff-related costs are also expected to increase, with Apple estimating $1.4 billion in added expenses, up from $1.1 billion in Q4.

Below is a summary of Apple’s key financial metrics compared to the same period last year:

Apple’s full-year revenue reached $416.16 billion, up from $391.04 billion in FY24, with net income totaling $112 billion, a sharp increase from $93.74 billion a year earlier.