Apple Posts Record $114.5 Billion Fiscal Q4 Revenue in First Report Under CEO John Ternus
What happened
Apple beat Wall Street expectations with a record $114.5 billion in fiscal fourth-quarter revenue, marking a 12% year-over-year increase in its first earnings report under CEO John Ternus.
The Context
* A smooth leadership transition: John Ternus took over from Tim Cook on September 1, 2026, delivering immediate bottom-line growth with net income reaching $30.71 billion ($2.10 EPS). * Hardware pricing offset chip costs: Global memory shortages tied to the AI boom drove $100 price bumps on iPhone 18 lines alongside Mac and iPad increases, yet iPhone revenue still jumped 17% to a record $57.58 billion. * Controlled capital allocation: Unlike tech peers spending aggressively on speculative AI infrastructure, Apple preserved margins by balancing restrained buildouts with a Services revenue peak of $31.57 billion.
The Number
— Surpassing consensus estimates of $113.4 billion, this milestone demonstrates consumer willingness to absorb higher hardware price points without denting device replacement cycles.
Takeaway
With 7% to 10% revenue growth projected for the holiday quarter, expect hardware purchase budgets to adjust upward as supply constraints on premium models like the iPhone Duo linger.
Technology innovations, startups, and trends.
"ABC News delivers broad national coverage with a mainstream editorial stance, focusing on accessibility and balanced reporting."
— A47 Editor
Apple posts strong Q4 revenue in first earnings report for new CEO John Ternus
Apple Inc. posted stronger-than-expected fiscal fourth-quarter revenue, with sales of $114.5 billion, up 12% and narrowly above analysts' estimates of $113.5 billion, in the first earnings report under new CEO John Ternus, who took over in September.
UK and international business news, economics, and corporate coverage.
"The Guardian’s business section covers finance and markets with a progressive editorial tone."
— A47 Editor
Apple posts stronger-than-expected revenue in first earnings report for new CEO John Ternus
Apple Inc posted fiscal third-quarter revenue of $30.71bn, exceeding analysts' expectations, in its first earnings report under new CEO John Ternus, who took over in September. The results bucked a downward trend among tech giants such as Alphabet, A...
Technology business and AI-related headlines.
"Data-driven tech newsroom with global scope."
— A47 Editor
Apple Sales Meet Estimates, China Is a Weak Spot
Apple reported September quarter revenue of $114.5 billion, up 12% and narrowly above analysts' estimates of $113.5 billion, even as sales in China fell short of projections. The results were the first under new CEO John Ternus, with iPad and wearabl...
Technology business news, market impacts, and innovation trends.
"Bloomberg is a premier financial and tech news provider, respected for its in-depth reporting and analytical rigor."
— A47 Editor
Apple Sales Meet Estimates, China Is a Weak Spot
Apple reported September quarter revenue of $114.5 billion, up 12% and narrowly above analysts' estimates of $113.5 billion, even as sales in China fell short of projections. The results were the first under new CEO John Ternus, with iPad and wearabl...
Business and tech news excluding paywalled content.
"High-volume business/tech outlet with frequent AI coverage."
— A47 Editor
New CEO John Ternus delivers an Apple earnings beat — but China and iPad sales miss
Apple reported fiscal fourth-quarter revenue of $114.5 billion, narrowly above Wall Street estimates of $113.46 billion, with earnings per share of $2.10 topping forecasts. The results were the first reported under new CEO John Ternus, but sales in C...
Consumer tech and culture with frequent AI coverage.
"Influential tech outlet covering AI products and policy."
— A47 Editor
Apple set an iPhone sales record even without a new standard iPhone
Apple reported a record-breaking quarter for iPhone sales in its fourth-quarter earnings report released on Monday, earning $57.58 billion in iPhone revenue, a 17 percent increase from the same period last year, despite not releasing a standard iPhon...
Tech news, reviews, and analysis of consumer electronics, science, art, and culture.
"The Verge is a technology-focused media outlet known for in-depth reporting, product reviews, and coverage of the intersection between technology and culture."
— A47 Editor
Apple set an iPhone sales record even without a new standard iPhone
Apple reported a record-breaking quarter for iPhone sales in its fourth-quarter earnings report released on Monday, earning $57.58 billion in iPhone revenue, a 17 percent increase from the same period last year, despite not releasing a standard iPhon...
Corporate leadership, finance, technology, and market trends.
"Fortune covers financial trends, leadership, and innovation with a pragmatic editorial approach."
— A47 Editor
Apple outpaces sales expectations as it continues to battle surging memory chip costs
Apple reported quarterly results that beat sales expectations even as the company continues to contend with surging memory chip costs, with the earnings report marking the first under new CEO John Ternus, who succeeded Tim Cook after nearly 15 years....
Technology business news, market impacts, and innovation trends.
"Bloomberg is a premier financial and tech news provider, respected for its in-depth reporting and analytical rigor."
— A47 Editor
Apple Sales Slow Down, China Revenue Misses Estimates
Apple reported that sales slowed in its fiscal fourth quarter but still beat analyst estimates, while revenue from China missed projections. Bloomberg's Ed Ludlow and Mark Gurman reported that the results were the first earnings report posted under C...
Technology business and AI-related headlines.
"Data-driven tech newsroom with global scope."
— A47 Editor
Apple Sales Slow Down, China Revenue Misses Estimates
Apple reported that sales slowed in its fiscal fourth quarter but still beat analyst estimates, while revenue from China missed projections. Bloomberg's Ed Ludlow and Mark Gurman reported that the results were the first earnings report posted under C...
Breaking entertainment industry news, casting, and box office.
"Deadline delivers fast, authoritative entertainment industry coverage."
— A47 Editor
Apple FYQ4 Revenue Tops Forecasts On iPhone Sales As New CEO John Ternus Steps Up
Apple reported fiscal fourth-quarter revenue that beat Wall Street forecasts, rising 12% for the quarter ended in September, led by strong iPhone sales and a boom in Mac sales. Services, including Apple TV, was slightly soft, while iPad and Wearables...
Business, investment, entrepreneurship, leadership, and innovation.
"Forbes is known for its coverage of business leaders, market trends, and entrepreneurial ventures with a pro-business editorial stance."
— A47 Editor
Apple’s iPhone Sales Hit $57.6 Billion In Fourth Quarter, Topping Estimates
Apple reported iPhone revenue of $57.6 billion in its fourth quarter, the first quarterly report under CEO John Ternus, and the figure topped analyst estimates, according to Forbes.
Curated tech headlines including AI stories.
"Influential aggregator surfacing the day’s top tech/AI links."
— A47 Editor
Apple reports Q4 revenue up 12% YoY to $114.48B, vs. $113.39B est., China revenue up 21% to $17.5B, vs. $18.9B est., in John Ternus' first earnings report (Apple)
Apple reported fiscal fourth-quarter revenue of about $114.5 billion, up 12% year over year and narrowly above analyst estimates of roughly $113.4 billion, in the first earnings report under new CEO John Ternus. China revenue rose 21% to about $17.5 ...