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.
Reported by Sky News · How we write briefs