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Apple’s fourth-quarter revenue and earnings per share both came in better than expected, primarily supported by strong early demand and price adjustments for the iPhone 18 Pro. However, the stock price still fell about 1% after the bell.
Apple Inc (Apple ) today announced its fourth quarter financial results. Revenue was better than expected, driven mainly by gains from smartphones.iPhone Strong demand and increased selling prices early in the launch of the 18 Pro series helped mitigate the impact of rising memory chip costs.
US financial media CNBC and Reuters reported that according to London Stock Exchange Group (LSEG) data, Apple’s fourth-quarter revenue was US$114.48 billion, exceeding analysts’ estimates of US$113.39 billion. Even excluding the 5 cent per share tariff refund benefit, fourth-quarter earnings per share were $2.10, still above analysts’ estimates of $1.99.
Apple said in a statement today that revenue rose 12% from $102.5 billion in the same period last year. According to LSEG data, Apple’s iPhone revenue was US$57.58 billion, exceeding analysts’ estimates of US$56.54 billion.
Apple’s iPhone revenue in the fourth quarter only included eight days of sales following the launch of the new iPhone 18 Pro, while the iPhone Duo, Apple’s first foldable phone, did not go on sale until the end of the fourth quarter.
Apple raised iPhone prices by $100 to reflect the global shortage of memory and other components.
This is Apple’s first financial report since longtime hardware chief John Ternes became CEO in September. He will also later host a press conference for the first time as CEO.
Following the release of the earnings report, Apple’s stock price fell nearly 1% in choppy after-hours trading.
Summary FAQ
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Apple’s fourth-quarter revenue was US$114.48 billion, exceeding the forecast of US$113.39 billion compiled by LSEG; Earnings per share were US$2.10, even after deducting 5 cents per share in tariff refund income, which was still above the US$1.99 estimate.
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The main driving force comes from the strong initial demand for the iPhone 18 Pro, and Apple has increased the price of the iPhone by US$100 to partially relieve the pressure from the rising costs of memory chips and other components.
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iPhone revenue in the fourth quarter only included eight days of sales following the launch of the new iPhone 18 Pro, while the iPhone Duo, the first foldable phone, only went on sale at the end of the quarter. Apple’s stock price fell nearly 1% in after-hours trading after the financial report was released.
