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Apple Edges Past Q4 Targets With Record September Quarter, Projects Double-Digit Holiday Growth

Apple points to early iPhone 17 strength as it guides to its best December quarter.

Overview

  • Revenue reached $102.47 billion and EPS came in at $1.85, narrowly topping forecasts and setting September‑quarter records for total revenue, iPhone and Services.
  • iPhone sales rose to $49.03 billion but fell short of estimates as Apple faced supply constraints on several iPhone 17 models that limited shipments late in the quarter.
  • Greater China revenue was $14.49 billion, missing expectations after the iPhone Air’s China debut slipped to October 22 due to its eSIM-only design.
  • Services hit an all‑time high of $28.75 billion while Mac revenue climbed to $8.73 billion; Wearables, Home and Accessories generated $9.01 billion and iPad totaled $6.95 billion.
  • Apple forecasts December‑quarter revenue growth of 10%–12% with double‑digit iPhone gains, notes about $1.1 billion in Q4 tariff costs and roughly $1.4 billion expected next quarter, and saw shares rise after hours.