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Apple Q3 Earnings Call Highlights
['Joseph Griffin']
Ticker Report
iPhone revenue rose 22% to a June-quarter record of $54.3 billion, driven by the iPhone 17 family.
Cook said Apple recorded June-quarter iPhone revenue records across every geographic segment and set a record for upgraders.
Supply Constraints and Memory Costs Shape OutlookFor the September quarter, Apple forecast total revenue growth of 9% to 11% year over year.
Apple expects iPhone revenue growth in the September quarter to be in the mid-teens year over year.
During the quarter, Apple returned $33 billion to shareholders, including $25.8 billion in share repurchases and $4 billion in dividends and equivalents.