Copyright Variety
Tech giant Apple saw a healthy 15% bump in its Services segment, which continues to be its fastest-growing part of the business. Apple’s Services business recorded record revenue $28.75 billion for the September quarter, topping Wall Street forecasts of $28.17 billion. The segment includes the App Store, Apple Pay, Apple TV, Apple Music and iCloud. The company doesn’t report segment profit or detail revenue of individual services. Overall, Apple reported quarterly revenue of $102.5 billion, up 8% percent year over year, for its fiscal 2025 fourth quarter ended Sept. 27, 2025. Diluted earnings per share were $1.85, up 13%. Those beat analyst consensus estimates of $102.24 billion in revenue and EPS of $1.77. Sales of iPhone, its largest product line, were $49.03 billion, up 6% year over year. That was short of Wall Street analyst expectations of $50.19 billion. The results included only a few weeks of sales of the latest iPhone 17 models, which began shipping Sept. 19. Apple CEO Tim Cook, on the earnings call, said the December quarter is shaping up to be the biggest-ever for both total revenue and iPhone sales. “Today, Apple is very proud to report a September quarter revenue record of $102.5 billion, including a September quarter revenue record for iPhone and an all-time revenue record for Services,” Cook said in prepared remarks.
