Apple reported total quarterly revenue of $114.5 billion for the period ending 26 September, which represents a 12% increase compared to the previous year.
The company generated $57.58 billion from iPhone sales during the quarter. Revenue from the Services segment reached $31.57 billion, marking a 9.8% rise year-over-year. Overall gross margin stood at 47.9 percent, which included a positive impact of roughly one percentage point from tariff refunds.
Diluted earnings per share reached $2.10, a 14% annual increase that featured a $0.05 favorable impact from tariff refunds.
John Ternus, who assumed the role of chief executive officer from Tim Cook on 1 September, said the company is "capping off our best fiscal year ever."
"We also just introduced a whole new generation of hardware for the home and brought Touch to Mac for the first time. Together with the all-new Siri AI, it’s an incredible lineup to carry us into the holiday season," Ternus said. Kevan Parekh stated during the earnings call that it expects total revenue for the December 2026 quarter to increase 7%-10% on a year-over-year basis.
