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- Apple Set to Report Earnings; Options Traders Eye Big Move8 sources
- Apple Beats Estimates on iPhone Sales, Sets New China HighsYou are hereLatest
Updated 18m ago · Business
Apple Beats Estimates on iPhone Sales, Sets New China Highs
Apple reported record iPhone revenue of $57.58 billion for its fourth quarter. That is up 17 percent from a year earlier.
- $114.5 billion in total revenue, a 12 percent increase
- 24 percent growth in Mac revenue, to $10.79 billion
- $31.57 billion in revenue from services such as the App Store and subscriptions
- 10 percent drop in iPad revenue, to $6.23 billion
Why it matters: The record came without a new standard iPhone model. Apple launched pricier iPhone 18 Pro and Pro Max models and raised prices on older ones.
- Rising memory costs and supply limits are pushing up prices on Apple products.
- Ternus said inventory and cheaper non-memory parts partly offset memory costs.
How 24 sources split on this story
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24 sources · 36 articles · 50% Center coverage
Center12 sources
CNBC1dApple's John Ternus faces early test as global memory crisis hurts profitsBloomberg33mApple Cuts Internal AI Usage Budgets in Move to Reduce SpendingFortune1dWhat Apple CEO John Ternus isn’t talking about: “The biggest risk to the Apple ecosystem” | FortuneCTV News1dApple shares slide as higher memory costs fuel margin concernsForbes1dApple CEO Warns Of ‘Unprecedented’ Memory Costs—Putting ‘Pressure On Our Prices’MarketWatch1dWhat analysts are saying as Apple’s stock falls after earnings reportAssociated Press2dApple posts stronger-than-expected Q4 revenue in first earnings report for new CEO John TernusAxios2diPhone sales lead Apple revenue upward as John Ternus takes reinsCNET1dApple CEO Ternus Says Memory Price Hikes and Shortages Will Continue Into 2027 - CNETDeadline2dApple FYQ4 Revenue Tops Forecasts On iPhone Sales As New CEO John Ternus Steps UpFinancial Times2dApple’s strong iPhone and Mac sales offset weaker performance in ChinaSemafor2dApple beats revenue estimates in CEO Ternus’ first earnings call
Left coverage, 7 sources: The left sees a record quarter driven less by a new standard phone than by higher prices across the lineup.
The Verge1dApple is all in on AI — its own and everyone else’sBusiness Insider2dApple's new CEO delivers earnings beat, but China and iPad sales missGizmodo2dApple Says Even Higher Memory Prices and Siri AI Push Will Weigh On ProfitsTechCrunch2dApple's inventory surges 154% as memory chip costs climb | TechCrunchThe Guardian1dApple warns of ‘unprecedented’ rise in memory chip pricesThe Independent2dApple posts stronger-than-expected Q4 revenue in first earnings report for new CEO John TernusVariety2dApple Services Revenue Hits New Record of $31.6 Billion, up 10%, in September Quarter
Right5 sources
New York Post1dApple shares fall despite profit growth as traders fear rising chip costsCitizen Free Press2dApple and Palantir shares both down sharply after strong earnings reports.Daily Mail1dApple shares plunge as foldable iPhone fiasco and profit warning spook investors - despite iPhone sales smashing expectationsNewsmax1dFutures Mixed as Apple Falls on Margin WarningZeroHedge2dApple Flat After Mixed Results: Strong iPhone Sales Offset By Weak China Revenue, Declining Margins And Buybacks
What’s next: Preorders for the iPhone Duo, Apple's first folding phone, are not counted in this quarter's results.
- Apple's touchscreen MacBook Pro and smart home devices are new product lines.
- Will higher prices keep lifting revenue if memory costs keep climbing?
- How much will limited iPhone Duo supply affect next quarter's results?
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