Apple Hits Record Quarterly Revenue of $114.5 Billion
Record iPhone sales and growth in the services division drove performance at the close of the 2026 fiscal year
Apple closed the fourth fiscal quarter of 2026 with a record revenue of $114.5 billion. This figure represents a 12% increase compared to the same period last year.
The company's net income reached $30.71 billion. This amount reflects an 11.8% rise year-over-year. Diluted earnings per share also reached unprecedented levels at $2.10.
iPhone sales were the primary driver of these results. The sector generated $57.58 billion in the quarter which is a 17.46% increase over 2025. The company highlighted the strength of its current smartphone lineup.
The services division also posted record numbers for the period. This sector includes the brand's subscriptions and digital platforms. The company will distribute $28 billion in dividends to its shareholders.
The 2026 fiscal year concluded with a total revenue of $479 billion. The company showed double-digit growth in earnings per share throughout the cycle. Management expects to maintain this momentum for the holiday season.
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