New Delhi, Oct. 31 -- Apple Inc. reported a net profit of $27.5 billion in the quarter ended September 27, 2025, driven by strong demand for its latest iPhone lineup and continued growth in its services business. Revenue came in at $102.5 billion, up 8% year-on-year, and above Wall Street estimates of $102.24 billion, according to LSEG data. Earnings stood at $1.85 per share, exceeding expectations of $1.77 per share.

The company's performance was buoyed by robust initial sales of the iPhone 17 series, which went on sale in September. Despite lacking advanced AI features seen in rival devices from Samsung and Google, Apple's redesigned models - featuring a new "liquid glass" display - helped attract buyers, particularly in the US

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