Apple released its Q4 2026 financial results on November 2, showing revenue of $114.5 billion , breaking the quarterly record and narrowly beating the Wall Street consensus of $113.4 billion . iPhone revenue rose year-over-year to $57.58 billion , while Mac revenue remained flat at $10.79 billion and iPad at $6.23 billion . Wearables, Home, and Accessories grew to $8.3 billion , and Services continued strong growth at $31.57 billion** . Apple also reported $1 billion in payments from its reciprocal tariff refund.
Despite record revenue, analysts raised 2027 forecasts due to strong iPhone performance and potential AI monetization. However, supply constraints limited Mac and iPad shipments, and the stock fell $8.79 per share after the earnings call. New CEO John Ternus remained optimistic about future blockbuster Q1 results.
Source: AppleInsider · Summarized by HeadlinesBriefing