Apple sets a September quarter revenue record after improved iPhone 16 sales | Infinium-tech
Apple posted its financial report for the last three months, the final quarter of its fiscal year. Revenue rose 6% in July-September as iPhone sales surged, totaling $94.9 billion.
Apple saw sales growth in all categories (iPhone, Mac, iPad, Services) except wearables, where it declined only 3%.
CEO Tim Cook said on a conference call that iPhone sales set a revenue record in September, showing growth in every geographic region. iPhone 16 devices were on sale in the last ten days of the quarter.
Total revenue may have increased, but net income declined 35% year-over-year. The company said it is due to retroactively pay €14.3 billion ($15.8 billion) in taxes to Ireland after a deal was found to violate state aid laws in the EU.
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