Apple Q4 results beat estimates as iPhone 18 Pro demand, price hikes offset rising chip costs
60-Word AI Digest
Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales. Higher product prices helped offset rising memory-chip costs. The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.
Key Takeaways
- Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales.
- Higher product prices helped offset rising memory-chip costs.
- The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.
Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand and Mac sales. Higher product prices helped offset rising memory-chip costs. The company is also expanding its AI offerings, while addressing supply constraints affecting its first foldable iPhone.
Original Publisher Attribution
This summary was curated from Economic Times.