iPhone 17 Sales Surge

On October 30th, Apple released its financial report for July-September 2025, showing sales up 8% year-over-year to $102.466 billion and net profit up 86% to $27.466 billion. Sales of the new iPhone were strong. Due to tariffs imposed by the Trump administration on China, tariff costs for October-December are expected to increase by 30% compared to July-September, reaching $1.4 billion.

The newly released iPhone 17 in September proved effective, with sales reaching a record high for the July-September period. Earnings per share were $1.85, exceeding market expectations for both sales and earnings per share. The stock price rose by approximately 4% in pre- and after-hours trading on the US stock market.

In the same period last year, Apple incurred $10.2 billion in tax payments to Ireland, resulting in a significant increase in net profit this year.