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The Guardian - US
The Guardian - US
Technology
Dara Kerr

Apple reports massive spike in iPhone revenue, particularly in China

iPhone on display
The iPhone 17 series stands on display at the Apple Store in New York City on 19 September 2025. Photograph: Shannon Stapleton/Reuters

Apple released its first quarter earnings on Thursday, exceeding Wall Street’s expectations and seeing its revenue skyrocket 16% from the same time last year.

“Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8bn,” Tim Cook, the company’s CEO, said in a statement. “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment.”

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