US EditionApple sees big December quarter driven by strong iPhone 17 demand
- Apple announced fiscal fourth-quarter results on Thursday after the bell, reporting $102.5 billion in revenue and $27.5 billion in net profit, including a little more than a week of iPhone 17 sales.
- Analysts polled by LSEG expected 7.7% sales growth for the September quarter with EPS of $1.77 and revenue guidance of $102.24 billion, plus a December-quarter guide of $132.31 billion.
- Investors will watch tariff and cost figures as well as margins; Apple said in July it could incur $1.1 billion in tariff costs while gross margin rose to 47.2% from the year-ago quarter.
- Full-Year sales hit $416.2 billion, and Tim Cook said `we are very proud` of the September quarter revenue record of $102.5 billion.
- Apple will live-stream its conference call at 2:00 pm Pacific, and declared a quarterly dividend of $0.26 per share payable on November 13 to shareholders of record as of November 10.
44 Articles
44 Articles
Apple is significantly slower than many rivals in AI chatbots for the iPhone and other devices. However, the success of the new iPhones does not seem to affect that.
Times of India
Sales of 'services' help Apple beat earnings forecasts
Apple reported a record September quarter revenue of $102.5 billion, driven by strong iPhone and services performance. Despite tariff impacts and a slight dip in China, the company exceeded market expectations. CEO Tim Cook highlighted all-time revenue records for iPhone and services globally, anticipating a strong current quarter fueled by AI advancements and new product launches.
Apple sales top $100B despite missing iPhone forecasts — but CEO Tim Cook expects big holiday quarter
Apple Chief Executive Tim Cook on Thursday gave a forecast for holiday quarter iPhone sales and overall revenue that beat Wall Street expectations, powered by orders for iPhone 17 models that the company is racing to fulfill amid continuing supply constraints.
Coverage Details
Bias Distribution
- 58% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
