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Good night · 3 November, Tuesday

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2 sources · 2 h ago Business

Apple Reports Record Services Revenue and iPhone Sales

Image: Variety

Apple reached a new all-time high in its services business and a record-breaking quarter for iPhone sales. The financial results were detailed in the company's fourth-quarter earnings report.

Apple has announced its financial results for the fiscal fourth quarter ended September 26, 2026. The tech giant experienced a new all-time high in its services business, with services revenue hitting a record of $31.6 billion, representing a 10 percent increase.

Alongside the growth in services, the company continued to see strong sales in its flagship iPhone family, which ballooned during the period. Apple set an overall iPhone sales record for the quarter, earning $57.58 billion in iPhone revenue.

Notably, this record-breaking quarter for iPhone sales occurred despite the company not releasing a standard model during its latest product refresh. The earnings report was released on Monday, detailing the company's performance for the concluding fiscal quarter.

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