Apple Posts Record $478.8 Billion Year as iPhone and Mac Sales Jump
Apple's fiscal fourth quarter brought $114.5 billion in revenue and was the first earnings call led by new CEO John Ternus.
Apple reported results for its fiscal fourth quarter on November 2, closing out a record year. Revenue for the July to September quarter came in at $114.5 billion, up 12% from a year earlier, with net income of $30.7 billion and earnings of $2.10 per share.
For the full fiscal year, Apple brought in a record $478.8 billion.
The numbers by product
- iPhone: $57.6 billion, up 17.5%
- Services: $31.6 billion, an all-time high
- Mac: $10.8 billion, up 24%
- iPad: $6.2 billion, down 10%
A new voice on the call
This was the first earnings call led by John Ternus, who took over as CEO from Tim Cook on September 1, 2026. Ternus previously ran Apple's hardware engineering group.
The quarter does not include sales of the foldable iPhone Duo, which launched on October 23 after the quarter ended. That means the December quarter, with the Duo, the touchscreen MacBook Pro and the new HomeView all on sale, will be the first real test of Apple's new product push.
Sources
This story is based on reporting and official statements from:
Details were accurate when published on November 3, 2026. Found an error? Email [email protected].
