GoKawiilApple posts record $57.58B iPhone revenue despite no new standard model
Apple's fourth-quarter earnings report shows iPhone revenue hit $57.58 billion, up 17 percent year-over-year, even though the company skipped releasing a standard iPhone in its latest lineup refresh. Overall company revenue rose 12 percent to $114.5 billion, with Mac revenue up 24 percent to $10.79 billion and services revenue reaching $31.57 billion, while iPad sales fell 10 percent to $6.23 billion.
GoKawiil's interpretation of the reporting above, not reported fact.
The results suggest Apple's higher-end and alternative iPhone models, including the limited-availability iPhone Duos, can drive growth even without a traditional flagship refresh, which could reshape how the company times future launches. Rising memory and component costs, as described by CEO John Ternus, are squeezing margins industry-wide, meaning Apple's pricing strategy may face continued pressure even as sales climb.
- iPhone revenue hit a record $57.58 billion, up 17 percent year-over-year, without a standard model launch.
- Apple's overall revenue grew 12 percent to $114.5 billion, with strong Mac and services growth offsetting an iPad decline.
- Rising memory costs, partly offset by inventory and component savings, are affecting Apple's cost structure, per CEO John Ternus.
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Published there as: “Apple set an iPhone sales record even without a new standard iPhone”
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