{"id":951709,"date":"2025-08-01T08:27:54","date_gmt":"2025-08-01T02:57:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=951709"},"modified":"2025-08-01T08:45:56","modified_gmt":"2025-08-01T03:15:56","slug":"apple-beats-wall-street-expectations-with-record-q3-revenue-fueled-by-strong-iphone-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/01\/apple-beats-wall-street-expectations-with-record-q3-revenue-fueled-by-strong-iphone-sales\/","title":{"rendered":"Apple beats Wall Street expectations with record Q3 revenue fueled by strong iPhone sales"},"content":{"rendered":"<p>Apple Inc. reported an exceptional financial performance for its fiscal third quarter, blowing past Wall Street estimates thanks largely to a surge in iPhone sales and robust growth in its services business. <\/p>\n<p>The tech giant posted quarterly revenue of $94.04 billion, a 10 percent increase year-over-year, and net profit of $23.4 billion, or $1.57 per diluted share, marking a 12 percent rise in earnings per share compared to the prior year. Analysts had predicted revenue to fall below $90 billion with earnings closer to $1.43 per share, so Apple&#8217;s results exceeded expectations substantially, prompting a notable rise in its stock price in after-hours trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple Inc. reported an exceptional financial performance for its fiscal third quarter, blowing past Wall Street estimates thanks largely to a surge in iPhone sales and robust growth in its services business. The tech giant posted quarterly revenue of $94.04 billion, a 10 percent increase year-over-year, and net profit of $23.4 billion, or $1.57 per diluted share, marking a 12 percent rise in earnings per share compared to the prior year. Analysts had predicted revenue to fall below $90 billion with earnings closer to $1.43 per share, so Apple&#8217;s results exceeded expectations substantially, prompting a notable rise in its stock [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-951709","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/951709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=951709"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/951709\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=951709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=951709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=951709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}