Apple's fiscal fourth-quarter revenue rose 12% to $114.5 billion and earnings reached $30.71 billion, or $2.10 per share, beating the $1.99 analysts expected, driven by record September-quarter iPhone sales. Part of the profit gain came from tariff refunds worth $0.05 per share, and gross margin reached 47.9%, though shares fell about 3% in after-hours trading. iPhone revenue rose 17.5% to $57.6 billion and Mac sales climbed almost 24%, while iPad fell 10.4% and wearables, home and accessories fell 7.9%; Greater China revenue rose 21%. For the December quarter, Apple expects revenue to rise 7% to 10%, but services growth to slow to 8–9% from 9.8% and gross margin to fall to 45–46% due to higher memory chip costs and the Siri AI rollout. Capital spending fell 29% to $9 billion over the fiscal year, while R&D rose 32% to $45.8 billion.
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AAPLearningssemiconductorsartificial intelligence
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Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 11/02/2026 | 338.32 |
| Change that session | -1.83% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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