Apple beat the forecasts by nearly $4 billion. Stock Pops.
Nothing screams investor confidence like solid earnings.
Services and wearables dipped, but iPhones carried the quarter.
Happy days for Tim Cook as iPhones continue to dominate.
Cupertino’s comeback kid: With iPhones doing the heavy lifting, Apple shrugs
off the gloom and posts a clean beat for Q3
iPhones to the Rescue
Apple has done it again, snatching another quarterly win from the jaws
of analyst doubt. The tech giant’s third
quarter earnings report dropped yesterday and brought some much-needed good
news for investors: revenue came in at $94 billion, beating expectations and up
10% year on year, largely thanks to an unexpected jump in iPhone sales.
You read that right. The iPhone, the product Wall Street loves to
prematurely eulogize, posted a year-over-year sales increase, pulling in $44.58
billion this quarter, up 13.5%. That’s around $4 billion more than analysts had
anticipated. Apparently, there are still enough people on the planet willing to
shell out over a grand for marginal camera upgrades. Apologies for the snark,
the latest models are great, as usual but, as usual, they’re overpriced.
iPhone sales carried the day (Apple).
CEO Tim Cook, naturally, was ready with the victory lap. “Today Apple
is proud to report a June quarter revenue record with double-digit growth in
iPhone, Mac and Services and growth around the world, in every geographic
segment,” said Tim Cook, Apple’s CEO. “At WWDC25, we were excited to introduce
a beautiful new software design that extends across all of our platforms, and
we announced even more great Apple Intelligence features.”
All good news? Sure. But, iPhone is the key.
The Stock Likes It
Apple’s share price reacted accordingly. After the earnings were
released, shares rose around 2-3% in after-hours trading.
Investors found comfort in Apple’s forward guidance. The company hinted
at continued strength in iPhone sales for the next quarter and suggested that
wearables and iPads, which declined this time, could see an improvement ahead.
No flashy artificial intelligence (AI) announcement, no “one more thing”, no big pivot, just
solid numbers and a calm tone from the executive suite. In this market, that’s
practically a flex.
Not All Sunshine and Titanium
It
wasn’t a flawless quarter. Mac sales of $8.05 billion beat expectations of
$7.26 billion, and wearables (yes, that includes your Apple Watch and AirPods) did
$7.4 billion, missing estimates of $7.82 billion. Services, long considered the
company’s golden goose, pulled in $27.42 billion, topping analyst expectations
of $26.8 billion. iPads hit $6.58 billion in sales, missing expectations of
$7.24 billion
Mac sales beat expectations, and next quarter should improve with back-to-school sales (Apple).
As a Mac user for over 25 years, I’m happy to say that the Apple silicon
MacBook Pros are … great. They’re fast, powerful, offer a load of options in
terms of RAM and storage … but they’re incredibly expensive for what you’re
getting and the upgrade pricing is eye watering. Perhaps in these challenging
times, that’s becoming more of a factor. But if you’re wedded to Mac OS, or love
a good piece of aluminum, you’re probably all in.
Still, the real story here is how the iPhone is carrying the whole
ecosystem. Critics have spent years calling Apple a one-trick pony, and while
the company has made attempts to diversify (hello, Vision Pro), it turns out
the old pony can still shift when it needs to.
So while Cook and co. talk up services, privacy, and environmental
goals, the quarterly earnings math remains simple: sell iPhones, win quarter.
What Comes Next?
With Q3 in the bag, all eyes are on the September quarter, typically
Apple’s most lucrative thanks to new product launches. The company didn’t give
away much, as usual, but reading between the lines, they’re expecting a strong
iPhone 16 cycle and probably a little help from back-to-school Mac and iPad
sales.
Meanwhile, Apple continues to invest heavily in AI, cloud
infrastructure, and who knows what else in its top-secret R&D bunker. But
for now, Wall Street is just relieved that people are still buying iPhones in a
saturated smartphone market.
Maybe the iPhone isn’t dead. Maybe it just needed another incremental
upgrade.
For more news around the edges of finance, visit our Trending section.
Cupertino’s comeback kid: With iPhones doing the heavy lifting, Apple shrugs
off the gloom and posts a clean beat for Q3
iPhones to the Rescue
Apple has done it again, snatching another quarterly win from the jaws
of analyst doubt. The tech giant’s third
quarter earnings report dropped yesterday and brought some much-needed good
news for investors: revenue came in at $94 billion, beating expectations and up
10% year on year, largely thanks to an unexpected jump in iPhone sales.
You read that right. The iPhone, the product Wall Street loves to
prematurely eulogize, posted a year-over-year sales increase, pulling in $44.58
billion this quarter, up 13.5%. That’s around $4 billion more than analysts had
anticipated. Apparently, there are still enough people on the planet willing to
shell out over a grand for marginal camera upgrades. Apologies for the snark,
the latest models are great, as usual but, as usual, they’re overpriced.
iPhone sales carried the day (Apple).
CEO Tim Cook, naturally, was ready with the victory lap. “Today Apple
is proud to report a June quarter revenue record with double-digit growth in
iPhone, Mac and Services and growth around the world, in every geographic
segment,” said Tim Cook, Apple’s CEO. “At WWDC25, we were excited to introduce
a beautiful new software design that extends across all of our platforms, and
we announced even more great Apple Intelligence features.”
All good news? Sure. But, iPhone is the key.
The Stock Likes It
Apple’s share price reacted accordingly. After the earnings were
released, shares rose around 2-3% in after-hours trading.
Investors found comfort in Apple’s forward guidance. The company hinted
at continued strength in iPhone sales for the next quarter and suggested that
wearables and iPads, which declined this time, could see an improvement ahead.
No flashy artificial intelligence (AI) announcement, no “one more thing”, no big pivot, just
solid numbers and a calm tone from the executive suite. In this market, that’s
practically a flex.
Not All Sunshine and Titanium
It
wasn’t a flawless quarter. Mac sales of $8.05 billion beat expectations of
$7.26 billion, and wearables (yes, that includes your Apple Watch and AirPods) did
$7.4 billion, missing estimates of $7.82 billion. Services, long considered the
company’s golden goose, pulled in $27.42 billion, topping analyst expectations
of $26.8 billion. iPads hit $6.58 billion in sales, missing expectations of
$7.24 billion
Mac sales beat expectations, and next quarter should improve with back-to-school sales (Apple).
As a Mac user for over 25 years, I’m happy to say that the Apple silicon
MacBook Pros are … great. They’re fast, powerful, offer a load of options in
terms of RAM and storage … but they’re incredibly expensive for what you’re
getting and the upgrade pricing is eye watering. Perhaps in these challenging
times, that’s becoming more of a factor. But if you’re wedded to Mac OS, or love
a good piece of aluminum, you’re probably all in.
Still, the real story here is how the iPhone is carrying the whole
ecosystem. Critics have spent years calling Apple a one-trick pony, and while
the company has made attempts to diversify (hello, Vision Pro), it turns out
the old pony can still shift when it needs to.
So while Cook and co. talk up services, privacy, and environmental
goals, the quarterly earnings math remains simple: sell iPhones, win quarter.
What Comes Next?
With Q3 in the bag, all eyes are on the September quarter, typically
Apple’s most lucrative thanks to new product launches. The company didn’t give
away much, as usual, but reading between the lines, they’re expecting a strong
iPhone 16 cycle and probably a little help from back-to-school Mac and iPad
sales.
Meanwhile, Apple continues to invest heavily in AI, cloud
infrastructure, and who knows what else in its top-secret R&D bunker. But
for now, Wall Street is just relieved that people are still buying iPhones in a
saturated smartphone market.
Maybe the iPhone isn’t dead. Maybe it just needed another incremental
upgrade.
For more news around the edges of finance, visit our Trending section.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
This New Bitcoin Price Prediction Shows BTC Will Hit “Only” $150K in 2026
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
