Apple beats fiscal fourth-quarter estimates with record revenue and earnings
+8 new sources since this summary was written
Apple reported fiscal fourth-quarter revenue of $114,477 million and diluted EPS of $2.10 on November 2, exceeding Wall Street estimates. Net income reached $30,711 million, while iPhone revenue was $57.58B and Services revenue was $31,573 million. The results were delivered in John Ternus's first earnings report as CEO, and Apple said full-year revenue reached $478,834 million.
Why it matters
The results raise the reported earnings and revenue baseline for Apple after the quarterly beat. Apple shares slipped despite the beat, according to the earnings coverage, showing that the market reaction was not mechanically positive.
Key facts
- 1Apple's fiscal fourth-quarter total net sales were $114,477 million, compared with $102,466 million in the year-earlier quarter. stocktitan.net
- 2Diluted fiscal fourth-quarter EPS was $2.10, versus $1.85 in the year-earlier quarter. stocktitan.net
- 3Fiscal fourth-quarter net income was $30,711 million, compared with $27,466 million a year earlier. stocktitan.net
- 4iPhone fiscal fourth-quarter revenue was $57.58B, above estimates, while Mac revenue was $10.79B. investing.com
- 5Apple's fiscal 2026 revenue reached $478,834 million, an all-time record. stocktitan.net
- 6Apple shares slipped despite the quarterly profit and revenue beat. investing.com
Summary written by AlphAI AI Desk from 20 of 37 sources. Not investment advice. Figures are as stated by the linked sources.