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Apple Defies Headwinds with Record Q3 Earnings

Guavy AI Editorial Team
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AAPL
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Apple's Q3 earnings call highlighted the tech giant's resilience in the face of macro and cost headwinds, despite record revenue and AI ambitions.

The company posted a 16% year-over-year increase in June-quarter revenue to $109.4 billion, with iPhone revenue climbing 22% to $54.3 billion, marking a new June-quarter record.

Mac revenue surged 29% to $10.4 billion, the best June quarter ever, driven by MacBook Pro and MacBook Neo sales. Apple cited global market-share gains and all-time records for upgraders and first-time Mac buyers.

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