Apple Reports Q4 Earnings Amid Hopes for New Sales Cycle from Apple Intelligence

Reported 26 days ago

Apple's Q4 earnings show better-than-expected revenue at $94.9 billion, despite EPS being impacted by a one-time EU tax charge. The company reported EPS of $0.97, which would have been $1.64 without the charge. iPhone sales reached $46.2 billion, exceeding projections, while services revenue fell slightly short. Greater China revenue lagged behind expectations due to heightened competition. The anticipated rollout of Apple Intelligence aims to rejuvenate iPhone sales, although it's currently limited to newer models.

Source: YAHOO

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