Apple reported fiscal Q4 2026 revenue of $114.5 billion, up 12% year over year, with net profit reaching $30.71 billion. Despite supply constraints on iPhone, Mac, and iPad, the company expects its December quarter to be the best in history, projecting revenue between $153.82 billion and $158.13 billion. CFO Kevan Parekh cited strong demand for Mac and iPad, while warning of limited supply-chain flexibility and rising memory costs.
Services revenue is expected to grow 8–9%, with gross margins between 45% and 46%. Apple also noted pressure from third-party licensing, foreign exchange, and AI-related costs. The outlook assumes current tariff policies and a stable global economy.
Source: 9to5Mac · Summarized by HeadlinesBriefing