Apple posts record June quarter, powered by iPhone sales and tariff refunds
CUPERTINO, Calif. – Apple delivered its strongest June quarter on record, reporting $109.4 billion in revenue and beating analysts' estimates of $108.65 billion in the company's final earnings report before CEO Tim Cook steps down. A 22% jump in iPhone sales, combined with record spring-quarter Mac revenue, helped drive the results. Tariff refunds also boosted Apple's bottom line, adding roughly 5% to profit during the period. But the earnings numbers were only part of the story. In an interview following t ...