Apple's services revenue reached $24.97 billion in Q4, set an all-time high, significantly boosting overall quarterly revenue to $94.9 billion, exceeding expectations.
Tim Cook highlighted a new revenue record, praising the recent launch of iPhone 16, Watch Series 10, and AI features, enhancing Apple’s product lineup.
CFO Luca Maestri emphasized strong cash flow, $29 billion returned to shareholders, and record device installations, reflecting exceptional customer satisfaction and loyalty.
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