Apple reported fourth-quarter 2026 revenue of $114.5 billion, beating Wall Street's consensus of $113.4 billion. The results mark the first quarter under new CEO John Ternus, following Tim Cook's final results call in July. The quarter closes out a massively transitional financial year for the company.
Product highlights included the new iPhone 18 Pro models, Mac lineup updates, a smart home refresh, and the iPhone Duo. Ternus also pointed to the touch-enabled MacBook Pro as part of "an incredible lineup to carry us into the holiday season." The full financial impact of these launches will appear in upcoming Q1 results.
By category, iPhone revenue reached $57.58 billion, Mac revenue hit $10.79 billion, iPad revenue was $6.23 billion, and Wearables, Home, and Accessories totaled $8.3 billion. Services continued its steady climb to $31.57 billion, an all-time high for the division.
For the full fiscal year, Apple reported gross sales of $478.3 billion, up from $416.2 billion in 2025. Gross margin rose to $233.6 billion from $195.2 billion, making it the company's best fiscal year on record.
Source: AppleInsider · Summarized by HeadlinesBriefing