Tag: record-breaking

The post Apple beat Q4 expectations with $102. 47 billion in revenue and $1. 85 EPS, both higher than LSEG estimates appeared com. Apple smashed past Wall Street’s estimates in its fiscal fourth quarter with $102. 47 billion in revenue, marking an 8% jump from the same period last year. The company also delivered $1. 85 in earnings per share, beating the expected $1. 77. But the China region didn’t play along. Sales from Greater China, which includes mainland China, Hong Kong, and Taiwan, fell by 4% year-over-year, coming in at $14. 49 billion. Despite all the headline numbers, Apple shares didn’t move much in after-hours trading. Flat. Probably because the iPhone didn’t hit the mark analysts were hoping for, even though the overall haul looked good on paper. The iPhone brought in $49. 03 billion, which sounds massive until you realize analysts expected $50. 19 billion. That said, it was still up 6% from last year’s iPhone revenue, with the new iPhone 17 lineup only having a little over a week of sales in this quarter. But CEO Tim Cook blamed supply issues for the shortfall. “Currently, we’re supply constrained on several models of the iPhone 17,” Tim said. Mac and services grow, while iPad and other products lag Looking at the other business lines, the Mac division had a solid run, pulling in $8. 73 billion, slightly ahead of the $8. 59 billion estimate and showing 13% growth year-over-year. Tim linked that jump to strong demand for the MacBook Air, which got a refresh back in March and a $100 price cut, bringing the entry point down to $999. The iPad segment, however, was almost frozen. Apple made $6. 95 billion, falling just short of the $6. 98 billion target. And that’s not surprising, considering no new iPads dropped during the quarter. The new iPad Pro with the M5 chip didn’t arrive until October, which means those sales won’t show up until Q1 of fiscal 2026. Other Products, the bucket that.