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Apple Sets Record September Quarter, Guides December Sales Up 10%–12%

Apple cites iPhone 17 momentum plus record Services as the basis for stronger holiday guidance.

Overview

  • Apple reported September‑quarter revenue of $102.5 billion, roughly 8% higher year over year.
  • iPhone revenue reached a quarterly record of $49.025 billion, helped by the late‑quarter launch of the iPhone 17 lineup.
  • Services revenue hit an all‑time high of $28.75 billion, supported by a record active installed base, according to the company.
  • For the December quarter, Apple forecast total revenue growth of 10% to 12% year over year with double‑digit iPhone growth.
  • For the fiscal year, revenue totaled $416.161 billion and net income was $112.010 billion, as the company briefly surpassed a $4 trillion market value and Counterpoint reported early iPhone 17 sales about 14% above the prior model in the U.S. and China.