Technology · 31 October 2025

Apple and Amazon Beat Expectations with Strong Q3 Earnings Driven by iPhone Sales and AWS Growth

Apple and Amazon have surpassed market forecasts with robust third-quarter results. Apple reported $102.5 billion in revenue, fueled by record iPhone 17 sales and doubling its profit to $27.5 billion. Amazon’s revenue grew 12% to $180.2 billion, led by a 20.2% surge in AWS cloud services revenue. Despite tariff challenges, both companies’ focus on innovation and AI investments ahead of the holiday season.

By BriefTea Editorial · 31 October 2025 at 20:50

Reported by Sky News · How we write briefs

Get the app

Understand this story

Earnings beat expectations

More briefs

TechnologyWebsites worldwide go offline after two serious flaws found in PHP TechnologyNew Mexico judge orders Meta to pay $25 billion over data privacy BusinessNetflix shares drop nearly 5% as its advertising income grows slower than hoped SportsFormer NFL player Allen Bailey has been found dead at age 37 Transport£100 ticket and 3 points for vaping while driving WorldMacron accuses Trump of making stupid comments about the recent French riots Browse all stories →