Apple recorded $57.58 billion in iPhone revenue in its fiscal fourth quarter, setting a new high for the period and marking 17% growth in the segment. The company’s latest lineup focused on the higher-priced iPhone 18 Pro and Pro Max, without a direct successor to the standard model.
Price adjustments to older iPhone models may also have contributed to the increase in revenue. Apple chief John Ternus said memory components had become more expensive compared with the June quarter, though existing inventories and lower costs for other materials helped offset some of the pressure.
The iPhone Duo, Apple’s first foldable smartphone, has also reached the market with limited availability. Some delivery estimates extend into 2027, but its pre-orders were not included in the reported results.
Apple’s total revenue rose 12% year over year to $114.5 billion. Mac revenue increased 24% to $10.79 billion, while Services, including Apple Music, Apple TV and App Store commissions, brought in $31.57 billion. iPad revenue moved in the opposite direction, falling 10% to $6.23 billion.
The company is also expanding its product range with a smart home display and connected security devices developed with LG and Schneider Electric. Apple has also introduced a MacBook Pro with a touch screen, departing from a position its executives had maintained for years.
Sources: Pplware.