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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Apple Stock Surges After It Records Biggest Revenue Growth Since 2021: What Contributed to It?

Apple defied Wall Street's muted expectations with a blockbuster third quarter, posting revenue of $94.0 billion (£70.91 billion) that sent ripples through the tech world—even as lingering AI concerns and tariff pressures kept the stock's celebration in check.

The tech giant's strongest quarterly revenue growth since December 2021 showcased remarkable resilience, with iPhone sales surging 13% year-over-year and total revenue climbing 10%, painting a picture of a company firing on all cylinders despite economic headwinds.

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