canar.ai
Rankings/AAPL/Q3 2025 Analysis

Apple

AAPL
Q3 2025Estimated1% AI
AI Revenue %
1%
AI Fair Value
$19.2B
AI Revenue (Q)
$3.0B
Total Revenue (Q)
$296.1B
Source: SEC EDGAR SEC Filing Filing
View SEC Filing on SEC.gov

Analysis

10-K for FY2025. Full year: $416.2B. 9-month ended Jun 28: $313.7B. Q4 derived: $416.2B - $313.7B = $102.5B. FY2025 product breakdown: iPhone 17 Pro/Air/17 lineup (launched Sep 2025). FY2025 segment data shows selling+marketing at $19.5B, R&D at $34.6B (up from $31.4B in FY2024, +10%). No AI segment created. Apple Watch Series 11, Apple Vision Pro mentioned. Apple Intelligence features well-established but still bundled free. Conservative 1% maintained for Q4. $102.5B x 1% = $1.03B.
Analyzed by claude-opus-4-6

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix