Apple Reports Record Fiscal Fourth-Quarter Results

Apple reported record fiscal fourth-quarter revenue of $114.5 billion for the September quarter, bringing annual revenue to $479 billion. Earnings per share rose 14% to $2.10, supported by record iPhone sales and all-time-high Services revenue. Americas revenue was $48.7 billion, slightly below the $49 billion FactSet consensus, while Europe revenue of $32 billion topped the $31.7 billion estimate. The results were the company’s first earnings report under CEO John Ternus.