Apple reports record quarter

Apple announced a record $114.5 billion in revenue for the three months ending in September (which is Apple’s fiscal Q4) with a gross margin of 47.9%. Revenue is up 12% year-over-year and earnings per share are up 14% to $2.10. Tariff refunds helped boost Apple’s numbers by $0.05 per share and 1 percentage point for the gross margin.

For fiscal 2026 (the twelve months ending in September), Apple posted a record-breaking revenue of $479 billion with a double-digit growth in earnings per share. The iPhone remains Apple’s bread and butter – for the September quarter, smartphone sales… Apple reports record quarter – iPhone and Mac sales are up, Services reach an all-time high.

Apple reports record quarter – iPhone and Mac sales are up, Services reach an all-time high – com news ADVERTISEMENT Apple reports record quarter – iPhone and Mac sales are up, Services reach an all-time high Post your comment Comments (5) Peter 03 November 2026 Apple Apple announced a record $114.5 billion in revenue for the three months ending in September (which is Apple’s fiscal Q4) with a gross margin of 47.9%. IPhone sales for the full year amounted to $254.1 billion, up from $209.6 billion the year before. Apple sales by segment According to CEO John Ternus, Services have reached an all-time high revenue of $31.6 billion, up from $28.8 billion for the year-ago quarter.

Apple shares fell as much as 4.43% in after-hours trading on Monday during the company’s fiscal Q4 2026 earnings call, before recovering some of those losses later in the evening. Here are the details.

Apple held its earnings call for the fourth fiscal quarter of 2026 today, and it was Apple CEO John Ternus’ first earnings call in his new role. He had Apple CFO Kevan Parekh on hand, and he brought in Chief Operating Officer Sabih Khan.

Apple stock drops nearly 3% after hours following Q4 2026 results. Here’s what’s coming for the MacBook Pro next year, per report Chance Miller Nov 2 2026.

The trio covered iPhone Duo sales, Siri AI, and increasing memory costs, among other topics. IPhone Duo After the earnings release, Ternus told Reuters that Apple isn’t able to meet demand for the ‌iPhone Duo‌, and there’s no word on when supply/demand balance will be reached.

Ternus also acknowledged display issues and said a "very small percentage" of units have been returned. ICloud+ Ternus reiterated Apple’s plans to add usage limits on server-side AI features like ‌Siri‌ AI and photo editing.

Users who need more capacity will be able to purchase expanded access, but there’s still no pricing information or details on the limits included with each iCloud + plan. When asked about token consumption, Parekh said it’s still early days on how much is done on-device vs.

With Private Cloud Compute. The mix of [on-device and cloud Siri] is very early days, and so it’s hard to predict exactly what the mix of those costs are going to look like.

Obviously, on device, you know, it’s very very efficient. No real costs associated with that.

But on the server side, we have some inference costs. I think again, we’ve just recently launched it and made it available to more users.

And so we’re in the very very early stages of understanding the kind of mix of those costs, as well as further requirements we might have on the compute side. Siri AI Ternus said Apple has real room to expand ‌Siri‌’s capabilities over time, and that Apple wants customers to be aware of what AI agents have access to.

As far as agentic capabilities, you know, we think these are promising tools for users. We just want to make sure that users are aware of what they’re giving access to.