Apple held an earnings call for the third fiscal quarter (second calendar quarter) of 2025 today, beating expectations with revenue of

Apple shares were rising in late trading Thursday, after the company posted fiscal third-quarter adjusted earnings of $1.57 a share, ahead of Wall Street's $1.43 per share estimate. Revenue for the quarter was $94 billion. Analysts had forecast sales of $89.35 billion.

The iPad, which generated $6.6 billion, saw a 7 percent slide year-over-year. Apple updated the iPad Pro with M4 chips in May, but the iPad Pro is a low-volume product. Apple’s more affordable tablets were refreshed earlier this year: iPad Air was updated in March with an M3 chip, along with the A16-equipped 11th-generation iPad.