Apple’s Q3 Earnings Outlook: Impact on Services, Mac, and iPad

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Apple Inc. (AAPL) is set to report its third-quarter fiscal results for 2025 on July 31, expected to reveal impacts from the newly introduced Apple Intelligence integrated in its operating systems. The company anticipates $26.96 billion in Services revenue, marking an 11.3% year-over-year growth, fueled by a subscriber base exceeding 1 billion.

Mac sales are projected to grow 2.2% year over year, with net sales estimated at $7.16 billion, while iPad revenues are expected to decline 5.3% to $6.78 billion, reflecting sluggish demand despite past successes.

Apple holds a Zacks Rank #3 (Hold) as it navigates competitive challenges in the streaming space, notably against rivals like Disney+ and Netflix.

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