Key Facts
Sundar Pichai, CEO of Google and Alphabet, stated during the company’s Q2 earnings call that he expects cellphones to remain central to consumer experiences for “the next two to three years at least.” This assertion could impact Apple (NASDAQ: AAPL) investors as they await the company’s fiscal Q3 2025 results on July 31.
In Apple’s first fiscal quarter of 2025, iPhone sales constituted 49% of total net sales, highlighting the significance of the iPhone to Apple’s revenue. Additionally, the iPhone ecosystem has been influential in generating 28% of total sales from services and nearly 8% from wearables and other accessories.
