Apple held an earnings call for the third fiscal quarter (second calendar quarter) of 2025 today, beating expectations with revenue of $94 billion. During the call, Apple CEO Tim Cook and CFO Kevan Parekh shared insights into device sales, tariffs, and more.
iPhone Popularity
The iPhone 16 models were more popular than the iPhone 15 models were last year. Cook said that iPhone 16 sales increased "strong double digits" compared to the iPhone 15, with the iPhone 16 popular with users upgrading to a new model.
Apple set a June quarter record for upgraders, and Cook said that was because of the "strength of the product."
Apple recently shipped its 3 billionth iPhone since the device debuted in 2007.
3 billion iPhones sold!
Thank you to everyone who's made iPhone such an important part of their lives. I'm incredibly excited for what's ahead!
— Greg Joswiak (@gregjoz) July 31, 2025
AI
Cook said that Apple is "very open" to an acquisition that would accelerate its AI development roadmap. AI is "one of the most profound technologies of our lifetime," Cook said, adding that Apple is "significantly growing" its investments and reallocating people to work on AI at the company. "We're putting all of our energy behind it," Cook said.
"We're not stuck on a certain size company," Cook added during the call. "We basically ask ourselves whether a company can help us accelerate a road map, if if they do, then we're interested, but we don't have anything to share specifically today."
Cook also said that Apple is "making good progress" on developing a more personalized version of Siri that is powered by Apple Intelligence. Apple is on track to release the features next year.
Cook was asked whether large language models like ChatGPT could be a commodity in the future. Cook declined to talk speak on he subject because "that gives away some things in our strategy."
The way that we look at AI is that it's one of the most profound technologies of our lifetime, and I think it will affect all devices in a significant way. What pieces of the chain are commoditized and not commoditized? I wouldn't want to really talk about today, because that gives away some things on our strategy.
Tariffs
According to Cook, approximately one percentage point of Apple's 10 percent sales growth can be attributed to customers buying more products to get ahead of tariffs.
"We saw evidence in the early part of the quarter, specifically, of some pull-ahead related to the tariff announcements," Cook told Reuters.
Cook said that tariffs cost the company $800 million in the June quarter, and that the impact could be $1.1 billion in the September quarter.
To mitigate tariffs in the future, Apple is optimizing its supply chain, and Cook said the company "will do more in the United States."
Post iPhone Devices
Cook was asked about AI development and what Apple would do if dependence on screens diminishes. Cook said that it's "difficult to see a world where iPhone's not living in it."
He said that Apple is "thinking about other things," but those future devices are likely to be "complementary devices" not substitutions.
Services
Services revenue was $27.4 billion, up from $24.2 billion in the year-ago quarter, marking an all-time revenue record. Apple TV+ viewership was up strong double digits year over year.
App Store revenue grew double digits year over year, and cloud services also saw an all-time revenue record. Paid accounts and paid subscriptions grew double digits year over year, and Apple has "well over a billion" paid subscriptions across services.
Apple customers afraid of massive price hikes because of tariffs helped Apple's device sales during the fiscal third quarter of 2025, Apple CEO Tim Cook said today.
Speaking to Reuters, Cook said that approximately one percentage point of Apple's 10 percent sales growth in Q3 2025 can be attributed to customers buying more products to get ahead of tariffs.
"We saw evidence in the early part of the quarter, specifically, of some pull-ahead related to the tariff announcements," Cook said.
When U.S. President Donald Trump first announced tariffs in April, there were reports suggesting that iPhone prices could increase significantly as a result, going as high as $2,300. Customers who were worried about higher prices opted to make a purchase before the tariffs went into effect.
Cook said that Apple incurred $800 million in tariff related costs in the June quarter, and it expects $1.1 billion in tariff costs in the September quarter if the current tariffs do not change and if no new tariffs are added.
Apple is "open" to an acquisition that would accelerate its AI roadmap, Apple CEO Tim Cook told CNBC today. Cook said that Apple sees AI as one of the "most profound technologies of our lifetime," and that the company is "significantly growing" its AI investments.
"We're embedding it across our devices, across our platforms and across the company," Cook said. Apple has already purchased seven companies in 2025. "We're open to M&A that accelerates our roadmap," Cook added.
Apple has been losing key members of its AI team to Meta in recent weeks, and the company is already far behind competitors in AI development.
There have been rumors that Apple is considering working with Anthropic or OpenAI to develop an LLM version of Siri rather than using its own AI technology, but Apple hasn't moved forward with a partnership as of yet.
Many of the high profile AI companies would not be feasible for Apple to purchase, but the company has considered purchasing Perplexity AI. Perplexity is valued at $18 billion, so if Apple did acquire the company, it would mark Apple's largest acquisition to date.
On an earnings call today, Apple CEO Tim Cook said the company is "making good progress on a more personalized Siri" that is powered by Apple Intelligence, and he reiterated that the features will be available next year.
"We're making good progress on a more personalized Siri, and as we've said before, we expect to release these features next year," said Cook.
Apple today reported record earnings results for the third quarter of its 2025 fiscal year, with revenue of $94 billion exceeding Wall Street expectations.
Apple first announced the personalized Siri features during its WWDC 2024 keynote, but in March it announced that they were delayed. The new capabilities will include better understanding of a user's personal context, on-screen awareness, and deeper per-app controls. For example, Apple showed an iPhone user asking Siri about their mother's flight and lunch reservation plans based on info from the Mail and Messages apps.
Apple today reported its earnings for the third fiscal quarter of 2025, and iPhone sales saw significant growth. iPhone revenue was at $44.6 billion, up 13 percent from $39.2 billion in the year-ago quarter.
Speaking to CNBC, Apple CEO Tim Cook said that iPhone revenue was up because the iPhone 16 turned out to be more popular with consumers than the iPhone 15 was during the same time period last year.
iPhone 16 sales increased "strong double digits" compared to the iPhone 15, and Cook said the iPhone 16 models were particularly popular with current iPhone users upgrading to a new model. Cook's statement covers the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, though he did not provide specific insight into which devices were the best sellers.
Apple also saw growth in Mac sales thanks to the M4 Mac lineup, but iPad sales and sales in the Wearables, Home and Accessories category were down.
Apple today announced financial results for its third fiscal quarter of 2025, which corresponds to the second calendar quarter of the year.
For the quarter, Apple posted revenue of $94.0 billion and net quarterly profit of $23.4 billion, or $1.57 per diluted share, compared to revenue of $85.8 billion and net quarterly profit of $21.4 billion, or $1.40 per diluted share, in the year-ago quarter.
Apple set new June quarter records for total revenue, as well as iPhone revenue and earnings per share. The company also set an all-time record for Services revenue.
Gross margin for the quarter was 46.5 percent, compared to 46.3 percent in the year-ago quarter. Apple also declared a quarterly dividend payment of $0.26 per share, payable on August 14 to shareholders of record as of August 11.
"Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment," said Tim Cook, Apple's CEO. "At WWDC25, we were excited to introduce a beautiful new software design that extends across all of our platforms, and we announced even more great Apple Intelligence features."
As has been the case for over five years now, Apple is once again not issuing guidance for the current quarter ending in September.
Apple will provide live streaming of its fiscal Q3 2025 financial results conference call at 2:00 p.m. Pacific, and MacRumors will update this story with coverage of the conference call highlights.
Walmart still does not accept contactless payment options like Apple Pay and Google Pay at its more than 4,500 stores across the United States.
It is not the first time that we have reported on this topic, but Walmart has still not changed course, despite endless customer complaints.
Earlier this year, a Walmart spokesperson told MacRumors that the retailer remained focused on its own payment technologies in the Walmart app, including Walmart Pay and Scan & Go. We have followed up with Walmart today to see if that remains the company's position, and we will update this article if the company responds.
Of course, Walmart's payment systems also allow it to track a customer's purchase history.
Walmart Pay allows customers to scan a QR code displayed at checkout to pay for their purchase with a payment card stored in the Walmart app. Scan & Go allows Walmart+ members to save time by scanning barcodes on items while they shop, rather than having to scan all of the items at a self-checkout register later.
Apple Pay launched more than 10 years ago, and it was accepted at more than 90 percent of U.S. retailers as of 2022, according to Apple. Some other major Apple Pay holdouts in the U.S. have reversed course and started accepting it over the past few years, including The Home Depot, Lowe's, Kroger, and Texas grocery store chain H-E-B, leaving Walmart as one of the country's only major retailers that does not accept Apple Pay.
There is an exception: Walmart has accepted Apple Pay in Canada since 2020.
Amazon today has the USB-C AirPods Max on sale for $449.99 in all colors except Purple, down from $549.00. This is an overall second-best price on the headphones.
Note: MacRumors is an affiliate partner with Amazon. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.
Colors available on sale include Blue, Midnight, Orange, and Starlight. All colors have an estimated delivery date of early August, with most providing a delivery estimate around August 5 for free shipping options. Prime members in certain cities should be able to see same-day delivery options.
It's also worth noting that Best Buy is matching these prices and has every color on sale, if you prefer shopping at that retailer. If you're on the hunt for more discounts, be sure to visit our Apple Deals roundup where we recap the best Apple-related bargains of the past week.
Deals Newsletter
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Google is expected to unveil its latest Pixel 10 smartphones during its August 20 event, and it appears the devices will feature MagSafe-like charging without a case.
Alleged image of Pixel 10 shared by Evan Blass, background added by MacRumors
As spotted by The Verge, reputable leaker Evan Blass (@evleaks) this week shared an alleged Pixel 10 marketing image that shows what appears to be a magnetic wireless charger affixed directly to the back of the device. In fact, the Pixel charger looks nearly identical to Apple's MagSafe Charger for iPhones.
Blass has a proven track record with leaks — mostly for Android devices, but occasionally for Apple devices too. In 2020, for example, he shared iPhone 12 and HomePod mini images a few hours before Apple announced those devices.
Apple introduced MagSafe on iPhone 12 models in 2020, so Google is five years late to the party.
Proton today launched Proton Authenticator, a free two-factor authentication app available across all major platforms including iOS, Android, Windows, macOS, and Linux.
The open-source app generates time-based one-time passwords as an additional security layer beyond regular login credentials. Unlike competitors such as Google Authenticator and Microsoft Authenticator, Proton Authenticator also offers end-to-end encrypted backup and cross-device sync without ads or tracking, just like Proton's other products.
The Swiss-based company claims users can import existing 2FA tokens from other apps within seconds, while the app works offline and automatically backs up authentication codes.
"Two-factor authentication is necessary for everyone – not just those who care about their privacy," said Eamonn Maguire, head of account security at Proton. "We believe strong security should never come at the cost of your convenience or privacy. That's why we've developed Proton Authenticator: to give users peace of mind that their 2FA codes are available wherever they need them, without relying on Google or Microsoft."
Proton notes that account takeover attacks cost billions annually, making 2FA increasingly important. App-based authentication is also more secure than using SMS codes, which are vulnerable to SIM swapping attacks.
Proton Authenticator can be downloaded from the Proton website. The launch continues the company's recent product expansion – earlier this week it introduced Lumo, a privacy-focused AI chatbot that doesn't store conversation records or use user data for model training.
Dropbox has announced it will discontinue Dropbox Passwords on October 28, ending the five-year run of its credential management service.
The shutdown is going to follow a phased approach, according to the company. The password manager will become view-only from August 28, meaning new entries and autofill features will be disabled. The mobile app will then stop working on September 11, but the browser extension is set to remain functional until the final closure.
Users must export their data before October 28, which is when Dropbox says it will be permanently deleting all stored passwords, usernames, and payment information from its servers. Dropbox is recommending users transfer their credentials to another app like 1Password before the final end date, and has provided export guides on its support site.
The company claims the closure will allow it to "focus on enhancing other features in our core product." However, Dropbox Passwords has had increasingly stiff competition over the years from the likes of 1Password, LastPass, and built-in solutions from Apple, Google, and Microsoft.
Dropbox acquired password manager Valt in 2019, and then launched Dropbox Passwords in 2020 for paid subscribers before expanding to all users in 2021.
The iOS 18.6, iPadOS 18.6, and macOS Sequoia 15.6 updates that Apple released yesterday address a major zero-day attack that targeted Chrome users, according to Bleeping Computer.
Apple says that CVE-2025-6558 was a vulnerability in open source code that also affected Apple software. The flaw could allow remote attackers to execute arbitrary code using HTML pages created for that purpose, escaping Chrome's sandboxing. Google patched the issue on July 15, and said that it had been actively exploited.
In Safari, Apple said that the issue could cause unexpected crashing, but it wasn't known to have been used in attacks against Safari users.
Google hasn't offered up technical details on how the exploit worked, and the company said that additional information would be restricted until the majority of users have updated their devices. Chrome users who have not installed the latest version of Chrome should do so.
Apple added Thunderbolt 5 connectivity to its latest M4 Pro and M4 Max machines, and companies are starting to launch Thunderbolt 5 docks compatible with Apple's Thunderbolt 5 Macs. Earlier this year, Anker came out with the Anker Prime TB5 Docking Station, a 14-port dock with a unique design and a high-end feature set.
Docks are useful because they expand the available number of ports that you can use at one time, and add legacy ports like USB-A that Apple has discontinued. Thunderbolt 5 provides 80Gb/s symmetric data, which is double that of Thunderbolt 4, plus there is a bandwidth boost option up to 120Gb/s when displays are connected. You're able to connect more without running into bandwidth limits.
Design
The Anker Prime TB5 Docking Station is probably my favorite dock I've used to date thanks to the design. It's surprisingly compact for a 14-port dock, with a square shape that spreads the ports across three of the sides.
The best part about the Anker Prime is the lack of a bulky external power supply. The 232W power supply is in the cube, so there's just a slim cable that needs to be plugged into an outlet, and then a cable to connect the dock to a Mac. The dock comes with both of the cables, and I do have a minor cable complaint. At $400, I wish the cables that came along with the dock were nicer, perhaps with a braided design.
I like the square form factor because it doesn't take up much space on my desk, and it's nice not to have to deal with positioning a bulky power supply. I tuck my cables inside boxes that keep them out of sight and out of my cat's mouth, and it's always a hassle trying to get a power supply and multiple cables to fit.
The Anker Prime has a power button on the front, a couple of easy access USB-C and USB-A ports for charging devices, and a headphone jack. Other ports are on the back and the sides, and I think the port layout is well designed. The ports I need to access often are at the front or the side, while things I don't need as frequently, like Ethernet or HDMI, are at the back. I do wish at least one of the downstream TB5 ports was at the front though.
The enclosure includes a fan, and it's made from aluminum for heat dissipation. I can hear the fan, but it's a subtle sound that I'm not sure would register with other noises in the room. I'm sound sensitive and it does bother me because the dock is right by my displays, but I can't hear it listening to music, wearing AirPods, watching TV, or when the AC is on. A decibel measuring app suggests that it is around 32 decibels, which would be around whisper level.
Size-wise, the Anker Prime is 4.6 by 4.6, and it's three inches tall. If you have a Mac mini, it's around that size, but not quite as wide, and it's about an inch taller. The color is a gray aluminum. It's not as dark as the Space Black aluminum of the M4 MacBook Pro models, nor is it as light as the silver aluminum, so it's kind of an in-between shade.
There's blue LED lighting around the top of the dock when it's powered on and in use. The light isn't bright enough to be bothersome, and it can be turned off by pressing the power button.
With the fan, the enclosure doesn't get hot. It barely feels warm at all, which is a departure from docks that rely on heat dissipation without active fan cooling. I'd be surprised if the Anker Prime could overheat, given how cool it runs with multiple peripherals plugged in. Compared to other docks like the CalDigit TS5 Plus, it's significantly cooler.
Ports
At the front of the dock, there's a headphone jack, two USB-C ports, and a USB-A port. The USB-C ports offer a combined 45W of power for charging other devices. 45W is enough to charge a MacBook Air, or an iPad and an iPhone at full speed. One port will get the full 45W when just one device is plugged in. With two ports in use, the split is 30W to the first port and 15W to the second port.
The two front USB-C ports also support data transfer, but displays need to be connected at the back. The front ports offer power to accessories even when a Mac isn't plugged in, which is convenient.
There are no ports on the right side, but there is a "Prime" logo. The left side has an SD card slot and a microSD card slot (labeled TF). The card slots are UHS-1 and limited to 104MB/s, so photographers won't get UHS-II transfer speeds.
The majority of the ports are at the back. There's an AC-in for the plug, an upstream Thunderbolt 5 port for connecting the Anker Prime to a Mac (with up to 140W charging), and two downstream Thunderbolt 5 ports with 15W bus power for SSDs and other Thunderbolt/USB-C accessories. Earlier Macs were limited to 100W charging unless MagSafe was used, but that is not a limitation on Thunderbolt 5 Macs.
There are two additional 10Gb/s USB-A ports, a 2.5Gb/s Ethernet port, an HDMI 2.1 port, and a DisplayPort 2.1 port. With the HDMI and DisplayPort, only one can be used at a time, so keep that in mind when you're dock shopping.
I don't use an Ethernet port, but it is disappointing that the Anker Prime doesn't have a 10Gb Ethernet port for those who need or want that connectivity.
Displays
Anker says that the Anker Prime supports up to two 6K displays at 60Hz, so you can run two Pro Display XDR displays, two Studio Displays, or any other combination of 6K/5K/4K displays, depending on the resolution (only one 4K display at 240Hz is supported on the Mac). On PCs, the Anker Prime supports three total displays, but Macs have a two display limit over a single Thunderbolt 5 port.
The M4 Max chip supports up to two 8K displays at 60Hz, according to Apple, while the M4 Pro supports one 8K display at 60Hz. Anker does not list 8K display support for the Mac and I don't have 8K displays to test, but it should work.
Anker says that the HDMI and DisplayPort ports can't be used together, which means two displays can be connected through the Thunderbolt 5 ports, or one can be connected using TB5 and the other can be connected via HDMI or DisplayPort, leaving a Thunderbolt port free for an SSD or other accessory.
I used an M4 Pro MacBook Pro with the Anker Prime, and I tested it with the 5K Studio Display over Thunderbolt and a 4K 144Hz display from Samsung that I connected via DisplayPort. I had no problems with connectivity over several days of testing and with various combinations of accessories plugged in. The displays and the ports worked as intended.
Though this is a Thunderbolt 5 dock, it is backwards compatible with earlier versions of Thunderbolt, which means it is compatible with older Macs. M1, M2, and M3 Pro and Max machines and all standard M4 machines with Thunderbolt 4 chips support dual 6K 60Hz displays when paired with the Anker Prime.
The aforementioned two display setup also ran fine on an M1 Max MacBook Pro. Compared to Thunderbolt 4, Thunderbolt 5 has more total bandwidth for displays and accessories, so you'll need a Thunderbolt 5 machine for the best performance and to max out the capabilities of the dock.
There is some fine print with the Anker Prime, which you're going to want to read if you have a 5K Thunderbolt 3 display. Dual 5K Thunderbolt 3 displays or a combination of a 5K display and Thunderbolt 4 display won't work with screen mirroring mode.
SSD Speed Tests
I used a Thunderbolt 5 SSD from OWC with the M4 Pro MacBook Pro and the Anker Prime. The SSD promises 6,000MB/s speeds, but I didn't quite hit that. Write speeds with the Anker Prime maxed out at about 4,675MB/s, while read speeds were around 5,140MB/s. When plugged directly into the Thunderbolt 5 port of the M4 Pro MacBook Pro, the SSD's write speeds were up to 5,250MB/s and read speeds were at 5,350MB/s. Real world speeds can vary based on the load a Mac is under, so actual transfer speeds vary.
Write speeds were consistently slightly lower, but Thunderbolt 5 transfer speeds are quick enough that it didn't bother me in day-to-day use. Transferring 50GB of photos took around 20 seconds, which is quick enough for my use.
Software
Anker has Dock Manager software that can be used to deliver firmware updates to the Anker Prime, or to tweak dock settings like disabling the light.
Bottom Line
The Anker Prime is one of the more affordable Thunderbolt 5 docks on the market, and its compact design, port array, and features make it ideal for the average user. If you have a Thunderbolt 5 Mac and want to get a dock that'll let you run displays, plug in SSDs, and use other peripherals, I don't think you'll regret the Anker Prime.
If you don't have a Thunderbolt 5 Mac, it might still be worth picking up. It's compatible with Thunderbolt 4, and it operates the same way a Thunderbolt 4 dock would, but you also have the future proofing for Thunderbolt 5 when it's time to upgrade.
While I think the dock has the right ports for most people, this isn't the dock I'd recommend for professional use or for those who want the best performance and connectivity. It's limited to 2.5GbE, there isn't UHS-II support, and there are only two USB-C ports in addition to the two Thunderbolt ports, which might not be enough for some users.
How to Buy
The Anker Prime TB5 Docking Station can be purchased from the Anker website or from Amazon for $400. At the time of this writing, you can get 20% off purchases through Anker's site with promo code Ankermacrumors2025, bringing the price down to $320.
Note: Anker provided MacRumors with an Anker Prime Thunderbolt 5 Dock for the purpose of this review. No other compensation was received. MacRumors is an affiliate partner with Anker and Amazon. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.
Apple has a new 'Shot on iPhone' billboard design that combines iPhone photography with iPad sketches, but as one Reddit user noticed, the result is decidedly phallic.
The billboard was shared on the Miami subreddit earlier this month, and highlighted by the Miami New Times earlier today. The design features a photo of a shark along with a cartoon scuba diver that has an oversized finger because of the perspective, leading the Miami New Times to wonder "Did Apple Put a Giant Phallic Symbol on I-95?"
The billboard is above Miami's I-95 freeway, and it is around 15 feet in length, so it hasn't escaped the notice of motorists. The cartoon is part of Apple's Shot on iPhone, Drawn on iPad series that features creations from eight artists. Up close, the shark, scuba diver, and octopus combo are clear, but it's a little hard to tell what's going on from further away.
Apple's billboard has been up for over a week, plus the design has been shared on Instagram, so Apple may be planning to ignore those who see more than a simple scuba diver in the drawing.
Apple today announced that its store at The Forum Shops in the Las Vegas area will be temporarily closed between August 9 and August 31.
Apple's website does not provide a reason for the closure. We do not expect any major changes.
The Forum Shops is a shopping mall inside Caesars Palace, the famous luxury hotel and casino resort located on the Las Vegas Strip in Nevada.
While its store at The Forum Shops is closed, Apple says customers can visit its Fashion Show store, which is located just one mile further north on the Las Vegas Strip.
August 9 is shaping up to be an eventful day for Apple Stores. In addition to Apple The Forum Shops temporarily closing, Apple Bristol in England and Apple Parkland in China will be permanently closing on that day. It is also the same day that Apple Shadyside in Pittsburgh will be opening in a new location on Walnut Street.
iOS 18.2 was released in December with a new feature in the Find My app that allows you to temporarily share the location of an AirTag-equipped item with others, including employees at participating airlines. This way, if you have put AirTags inside your bags, the airline can better help you find them in the event they are lost or delayed at the airport.
The feature also works with other item trackers that support Apple's Find My network, such as those sold by Chipolo and Pebblebee.
iPhone, iPad, and Mac users running iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2 or later can generate a "Share Item Location" link in the Find My app. Anyone they share the link with can then view a web page with a location of the item on a map. The page will automatically update with the item's latest known location.
The item's location stops being shared "as soon as a user is reunited with their item," or automatically expires after seven days.
Below, we have listed airlines that support the feature as part of their customer service processes, with the latest one being Saudia.
AJet
Aer Lingus
Air Canada
Air France
Air India
Air New Zealand
American Airlines
Austrian Airlines
Breeze Airways
British Airways
Brussels Airlines
Cathay Pacific
China Airlines
Delta
Eurowings
Finnair
Iberia
JetBlue
KLM
Lufthansa
Porter Airlines
Qantas
Saudia
Singapore Airlines
SunExpress
SWISS
Turkish Airlines
United
Virgin Atlantic
Vueling
These are only the ones we know about, so there may be others.
Apple is set to purchase another campus in Silicon Valley, California, amid almost $1 billion of property purchases this year.
According to The San Francisco Chronicle, Apple is purchasing the four-building Mathilda Campus, located at 505–599 North Mathilda Avenue and 605 West Maude Avenue, from Kilroy Realty Corporation. The site comprises approximately 663,000 square feet of office space, of which Apple already leases over 580,000 square feet, which is roughly 88% of the complex. The sale is expected to close in the third quarter of 2025 at a rate of $550 per square foot.
Kilroy disclosed in its second-quarter earnings report that it is under contract to sell a "four building campus in Silicon Valley" but did not specify the buyer. Two individuals with direct knowledge of the transaction confirmed to The San Francisco Chronicle that the buyer is Apple and that the property in question is the Mathilda Campus.
The Mathilda Campus purchase follows two other significant acquisitions by Apple in recent months. In June, Apple finalized the $166.9 million purchase of Cupertino Gateway, a three-building complex at 10200 North Tantau Avenue, adjacent to its Apple Park headquarters. Then, in July, the company acquired two neighboring office properties at 615 and 625 North Mathilda Avenue, directly adjacent to the Mathilda Campus, for $350 million. Like the Mathilda Campus, Apple had previously leased and occupied the majority of those properties.
Combined, these three transactions amount to a total outlay of approximately $882 million within a span of several weeks. All three sites are located within a few miles of Apple Park.
Note: MacRumors is an affiliate partner with Amazon. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.
Alleged image of Pixel 10 shared by Evan Blass, background added by MacRumors
