Apple Results Beat Wall Street Expectations on Strong iPhone Sales
Strong iPhone 18 Pro demand and higher prices helped Apple top Wall Street estimates as Services hit a record, company said.
- 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.
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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 $2.10 per share, in the July-September period. That’s up…
The technology firm reported historic revenue in the quarter thanks to its phones and services, surpassing market predictions.The launch of new devices, including a folding model, predicts a promising year-end for the holiday season.
Apple presented net profit of US$ 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...
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