Apple Announces Record $114.5B Fourth-Quarter Results
Jason Snell, Six Colors: On Monday, Apple announced record fourth-quarter earnings , with total revenue of $114.5B, up 12 percent from the year-ago quarter. iPhone revenue was up 17.5%, Mac revenue was up 23.7%, and Services revenue was up 9.8%. Wearables revenue was down 7.9% and iPad revenue was down 10.4%. [...] And now, to help you visualize what Apple just announced, here is our traditional…
Apple reported record fourth-quarter earnings of $114.5 billion, marking a 12% increase compared to the same period last year. The company's revenue growth was driven by a 17.5% rise in iPhone sales, a 23.7% increase in Mac sales, and a 9.8% boost in Services revenue. However, Wearables and iPad revenue saw declines of 7.9% and 10.4%, respectively.
The company's CEO, John Ternus, emphasized the strong performance of both the Mac and iPad lines, stating they continue to be designed to enhance capabilities across the ecosystem. Ternus hinted at potential closer integration between macOS and iOS features, but declined to discuss specific plans at this time.
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