Apple has shipped its three billionth iPhone, Tim Cook dinner has revealed throughout a name for the corporate’s third quarter earnings. The corporate launched the primary iPhone in 2007 and sold its billionth iPhone in 2016. It’s believed to have shipped its two billionth someday in 2021, and now solely 4 years later, it has reached the brand new milestone. Apple’s CEO stated the iPhone loved a double digit progress within the third quarter and that the corporate earned $94 billion in income, up 10 p.c yr over yr. In a tweet, Apple professional Mark Gurman recommended that iPhone gross sales over the previous quarter have been pushed by individuals who purchased one out of concern that the gadget could be out of their attain sooner or later on account of Trump’s tariffs.
Apple must be more than happy with the oldsters who unfold the lies that the iPhone will price $3000 or $25,000 if made within the U.S. Clearly that helped a ton for the June quarter.
— Mark Gurman (@markgurman) July 31, 2025
Talking of tariffs, they price the corporate $800 million within the quarter ending in June, Cook dinner stated in the course of the name. Within the subsequent quarter ending in September, Apple believes tariffs will cost the company $1.1 billion.
Apple is slated to announce its next iPhone models in a matter of weeks, in all probability someday in September like final yr’s units. Gurman beforehand reported that Apple is releasing an iPhone 17 Air this technology to match the Air fashions of its different merchandise. It’ll reportedly be an ultra-thin cellphone, as its designation implies, could have a single digicam lens and be powered by a primary A19 chip. The cellphone is also outfitted with Apple’s in-house modem that debuted with the iPhone 16e and include a 6.6-inch display screen. It might price patrons round $900, which is round $100 greater than the bottom iPhone 16 and is on par with the worth of the iPhone 16 Plus.
Along with asserting Apple’s three billionth iPhone, Cook dinner additionally introduced in the course of the name that the corporate is “considerably rising out investments” in artificial intelligence. He stated an acquisition to spice up its AI efforts and speed up its roadmap wasn’t out of the query, although he did not identify any particular firm that Apple might probably buy.
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