Apple reported a record fiscal Q4 revenue of $94.9 billion, boosted by early iPhone 16 sales and strong demand for the iPhone 15, Apple Watch Series 10 and AirPods 4.
CEO Tim Cook noted iPhone 15 and 16 models outperformed their predecessors. Nearly all segments saw growth except “wearables, home and accessories.” Apple’s Q4 was tempered by a $10.2 billion tax charge and ongoing antitrust scrutiny in the US and EU.
Latest innovations from Apple – new AI-powered Apple Intelligence features for summarization and image cleanup launched, with more coming in iOS 18.2 in December. New Macs featuring M4 chips were released, with more expected next year.
Read more – https://www.theverge.com/2024/10/31/24284854/apple-q4-2024-earnings-iphone-16-ai
