Apple Posts Stronger-than-Expected Q4 Revenue in First Earnings Report for New CEO John Ternus – WTOP News
- 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.
134 Articles
134 Articles
Apple posts stronger-than-expected Q4 revenue in first earnings report for new CEO John Ternus – WTOP News
Apple Inc. posted stronger-than-expected revenue in the fiscal fourth quarter, giving new CEO John Ternus an upbeat start to his tenure, which began in September. The solid results bucked a downward trend for tech giants this quarter, as companies including Alphabet, Amazon and Intel had disappointing quarterly results. The Cupertino, California-based company earned $30.71 billion,...
Apple beats sales and profit expectations but AI costs weigh on holiday sales
Apple exceeded analysts’ expectations for its latest results on Monday when the iPhone-maker said it recorded “revenue record” for a September quarter, driven by iPhone sales and services revenue.
Cerus Q3 Earnings Call Highlights
Cerus (NASDAQ:CERS) reported third-quarter product revenue growth of 10% year over year and reaffirmed its 2026 revenue outlook, while also announcing positive top-line results from its Phase III RedeS study of pathogen-reduced red blood cells. Product revenue totaled $57.7 million for the quarter
Expectations were even exceeded: Apple increased its sales to $114,5 billion last quarter, mainly thanks to smartphones. However, the Group is disappointed with its outlook.
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