Apple Results Beat Wall Street Expectations on Strong iPhone Sales
- On Monday, Apple reported record September-quarter revenue of $114.5 billion, up 12% year-over-year and surpassing Wall Street estimates of $113.46 billion.
- Apple CEO John Ternus, who took over from Tim Cook on September 1, oversaw the quarter while launching the iPhone Duo and first touchscreen MacBook Pro.
- Net profit reached $30.7 billion, with diluted EPS of $2.10 per share. Operating cash flow totaled $28 billion, which the company returned entirely to shareholders.
- Tariff refunds provided a one-time boost, with Apple CFO Kevan Parekh noting they contributed about 1 percentage point to gross margin and $0.05 to diluted EPS.
- Investors are monitoring December-quarter guidance as the company enters the holiday season with the iPhone 18 Pro, Apple HomeView, and touchscreen MacBook Pro, while non-Pro models arrive early next year.
73 Articles
73 Articles
Apple surpasses estimates of analysts in the 4th quarter tax driven by sales of iPhone 18 Pro and high product prices.
Beckley Register-Herald
The Seattle TimesApple posts stronger-than-expected Q4 revenue in first earnings report for new CEO John Ternus
Apple Inc. posted stronger-than-expected revenue in the fiscal fourth quarter, giving new CEO John Ternus a positive start to his tenure that began in September. The company earned $30.71 billion, or $2.10 per share, in the July-September period. That’s up…
Apple presented net profit of US$ 30.7 billion in the fourth fiscal quarter of 2026, a result 11.8% above that reported in the equivalent period of 2025. The company based in Cupertino, California presented net profit above the projections of analysts surveyed by FacSet, who expected a gain of US$ 29.1 billion for the quarter ended on September 26. The iPhone owner's revenue was US$ 114.5 billion in the quarter ended on September 26, an advance …
The US technological giant Apple obtained a net profit of 132,175 million dollars (118,422 million euros) at the end of its fiscal year, which ended in...
Coverage Details
Bias Distribution
- 37% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
