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Apple Posts Stronger-than-Expected Q4 Revenue in First Earnings Report for New CEO John Ternus
- 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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107 Articles
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Apple 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 12% from $27.47 billion, or $1.85 per share, in the same period a year earlier. Revenue rose 12% to $114.5 billion from $102.5 billion. Analysts, on average, were expecting earnings of $1.99 p…
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
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Total News Sources107
Leaning Left12Leaning Right18Center17Last UpdatedBias Distribution38% Right
Bias Distribution
- 38% of the sources lean Right
38% Right
L 26%
C 36%
R 38%
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