🍎 Apple Delivers $114.5 Billion Revenue as iPhone Sales Power Strong Earnings.
Apple (NASDAQ: AAPL) reported stronger-than-expected fiscal fourth-quarter 2026 results, with revenue climbing 12% year over year to $114.5 billion and net income reaching $30.7 billion. Earnings per share came in at $2.10, beating analysts' expectations of $1.99. The results mark the first quarterly earnings report under new CEO John Ternus, with iPhone revenue reaching a September-quarter record and Services achieving an all-time high.
However, the outlook comes with challenges. Apple expects gross margins of 45%–46% for the December quarter, below the latest quarter's 47.9%, as rising memory-chip prices and spending on its next-generation Siri AI capabilities increase cost pressures. The company also returned $28 billion to shareholders through dividends and share repurchases during the quarter.
For investors, Apple's strong iPhone demand and growing Services business remain important growth drivers, but rising component costs could limit profitability. Attention now shifts to holiday-season sales and whether John Ternus can maintain Apple's earnings momentum while accelerating its AI strategy.
$AAPL
$ABBV
$EWZ
Apple (NASDAQ: AAPL) reported stronger-than-expected fiscal fourth-quarter 2026 results, with revenue climbing 12% year over year to $114.5 billion and net income reaching $30.7 billion. Earnings per share came in at $2.10, beating analysts' expectations of $1.99. The results mark the first quarterly earnings report under new CEO John Ternus, with iPhone revenue reaching a September-quarter record and Services achieving an all-time high.
However, the outlook comes with challenges. Apple expects gross margins of 45%–46% for the December quarter, below the latest quarter's 47.9%, as rising memory-chip prices and spending on its next-generation Siri AI capabilities increase cost pressures. The company also returned $28 billion to shareholders through dividends and share repurchases during the quarter.
For investors, Apple's strong iPhone demand and growing Services business remain important growth drivers, but rising component costs could limit profitability. Attention now shifts to holiday-season sales and whether John Ternus can maintain Apple's earnings momentum while accelerating its AI strategy.
$AAPL
$ABBV
$EWZ
