Apple sets a September quarter revenue record after improved iPhone 16 sales

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Apple sets a September quarter revenue record after improved iPhone 16 sales

November 01, 2024, 06:36 PM

Apple posted its financial report for the past three months, the last quarter of its fiscal year. Revenue increased 6% in July-September as iPhone sales picked up, totaling $94.9 billion.

Apple saw an increase in sales in all categories (iPhone, Mac, iPad, Services) minus the wearables, where it declined just 3%.

Tim Cook, CEO, said on a conference call that iPhone sales set a September revenue record, marking a growth in every geographic segment. The iPhone 16 devices were on sale for the final ten days of the quarter.

Overall revenue might have increased, but net income went...

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