Apple overcomes trade-war challenges to deliver strong quarter

By AP News, July 31, 2025

Apple reported a surprisingly strong fiscal third quarter despite headwinds from tariffs and a slow start in AI. The company earned $23.4 billion in profit on $94 billion in revenue, with iPhone sales rising 13% to $44.6 billion and a 4% revenue increase in China ([apnews.com](https://apnews.com/article/de927c8c1baaf70418e2261ae5b494f2#:~:text=Apple%20reported%20a%20surprisingly%20strong,exceeded%20analysts%27%20expectations%2C%20lifting%20Apple%E2%80%99s)). These results exceeded analysts’ expectations, lifting Apple’s stock by 3% in after-hours trading ([apnews.com](https://apnews.com/article/de927c8c1baaf70418e2261ae5b494f2#:~:text=in%20China,hours%20trading)).

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