Published • loading... • Updated
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.
Insights by Ground AI
101 Articles
101 Articles
The company announced that it achieved a revenue record in the fourth quarter of the fiscal year thanks to iPhone sales and service revenue.
·Helsinki, Finland
Read Full Article
Apple surpasses estimates of analysts in the 4th quarter tax driven by sales of iPhone 18 Pro and high product prices.
·São Paulo, Brazil
Read Full Article
Apple exceeds expectations with strong iPhone sales and achieves record sales. The business year 2025/2026 also brought the Group best results.
Coverage Details
Total News Sources101
Leaning Left11Leaning Right16Center16Last UpdatedBias Distribution37% Center, 37% Right
Bias Distribution
- 37% of the sources are Center, 37% of the sources lean Right
37% Right
L 26%
C 37%
R 37%
Factuality
To view factuality data please Upgrade to Premium
