Apple Reports Revenue, Net Income Growth in Q4

SAN FRANCISCO, Nov 3 (Xinhua) — United States (US) technology giant Apple reported on Monday that its fiscal fourth-quarter revenue rose 11.7 per cent year on year to US$114.48 billion, while net income increased 11.8 per cent to US$30.71 billion, driven by strong sales of iPhones and Mac computers, reported Xinhua.

According to the company’s financial results for the quarter ended Sept 26, operating income rose 9.9 per cent to US$35.63 billion from US$32.43 billion a year earlier.

Diluted earnings per share increased to US$2.10 from US$1.85, while the company’s gross margin stood at 47.9 per cent.

Revenue from Apple’s iPhone business increased 17.5 per cent year on year to US$57.58 billion, while Mac revenue jumped 23.7 per cent to US$10.79 billion.

However, iPad revenue declined 10.4 per cent to US$6.23 billion, while revenue from wearables, home products and accessories fell 7.9 per cent to US$8.3 billion.

Apple’s Services business generated revenue of US$31.57 billion, up 9.8 per cent year on year, setting a new record.

In the Greater China region, Apple’s revenue rose 21.02 per cent year on year to US$17.54 billion.

Revenue in the Americas reached US$48.68 billion, while that in Europe totalled US$32.01 billion.

Apple CEO John Ternus said the company had achieved September-quarter records for total revenue and iPhone sales.

For the full 2026 fiscal year, Apple reported record revenue of US$478.83 billion, up 15.1 per cent year on year, while net income increased 18 per cent to US$132.18 billion.