Apple's Q3 revenue exceeds expectations, heavily investing in artificial intelligence

According to reports, Apple Inc. achieved a revenue of $94.04 billion in the third quarter of fiscal year 2025, exceeding market expectations of $89.53 billion, but below last year's $85.78 billion. The iPhone product line generated revenue of $44.58 billion, while the market expected $40.22 billion. The iPad product line revenue was $6.58 billion. Revenue from the Greater China region in the third fiscal quarter was $15.369 billion, with service revenue at $27.423 billion. Apple CEO Tim Cook stated that the company has acquired 7 companies this year and plans to accelerate its artificial intelligence initiatives through acquisitions, integrating it into various fields within the company, such as writing functions and Siri.