Overview
- Apple reported record quarterly revenue of $114.5 billion for the quarter ended in September and record fiscal‑year revenue of about $478.8 billion, with net income of roughly $30.7 billion for the quarter and $132.2 billion for the year.
- iPhone revenue rose about 17% to roughly $57.6 billion in the quarter and was the primary driver of the company’s year‑over‑year growth.
- The company posted a high gross margin of 47.9% for the quarter and reported double‑digit growth in earnings per share, figures highlighted by CFO Kevan Parekh.
- New CEO John Ternus framed the results as validation of Apple’s recent product push — including the iPhone 18 Pro line, the foldable Duo, HomeView AI display, and a touchscreen MacBook Pro — and expressed optimism for holiday demand.
- Investors and analysts will focus on details that Apple is set to give in its follow‑up conference call about holiday guidance and how the new hardware lines could affect sales and margins in the coming quarters.