Apple Crushes Q3 Expectations with Record-Breaking Revenue

Apple's latest financials reveal a strong June quarter, with revenue reaching $109.42 billion and earnings per share of $2.02, beating expectations for the ninth consecutive quarter.

The company's hardware segment saw significant growth, reaching $54 billion, while its services business generated $30.74 billion in revenue, boasting high margins and over 1.5 billion paid subscriptions.

Analysts forecast Apple's stock could reach $400 and beyond, driven by strong demand and recurring revenue streams.