Apple's Q4 Revenue Surpasses Expectations but Earnings Hit by EU Tax

Reported 26 days ago

Apple reported Q4 revenue of $94.9 billion, exceeding expectations, though earnings were affected by a one-time EU tax charge. The company recorded an EPS of $0.97, which would have been $1.64 without the tax impact. iPhone sales reached $46.2 billion, outpacing estimates, while services revenue was slightly below forecasts. Apple's new software platform, Apple Intelligence, may influence future sales trends as it aims for a new cycle of iPhone sales.

Source: YAHOO

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