Apple's revenue in the fiscal fourth quarter increased by 6% to $94.9 billion, driven primarily by a rebound in iPhone sales, which grew by 5.4%.
Despite a strong quarter, Apple's net income decreased by 35% due to a significant one-time tax charge; excluding this, EPS would have been $1.64.
CEO Tim Cook highlighted that iPhone sales set a September revenue record, showing growth across all geographic segments, attributed to the release of the iPhone 16.
The only business category to decline was the Wearables, Home, and Accessories group, which fell by 3% to $9 billion, including products like the Apple Watch and AirPods.
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