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EQUIPThe Verge · 1h ago

Apple set an iPhone sales record even without a new standard iPhone

Executive Brief

The 30-second read

Apple reported record iPhone revenue of $57.58 billion in its fourth-quarter earnings, representing a 17 percent year-over-year increase. These results demonstrate significant growth despite the company forgoing a standard model release during the recent product refresh.

  • 01Apple achieved record-breaking quarterly iPhone revenue totaling $57.58 billion
  • 02iPhone sales revenue increased by 17 percent compared to the same period last year
  • 03Growth occurred despite the absence of a standard iPhone model in the latest refresh
  • 04Strong fourth-quarter performance confirms sustained demand for premium hardware tiers

AI-generated summary · Verify at source

Apple had a record-breaking quarter for iPhone sales - despite not releasing a standard model during its latest refresh. In its fourth-quarter earnings report released on Monday, Apple says it earned $57.58 billion in iPhone revenue, a 17 percent jump from the same time last year. The increase in revenue follows the launch of Apple's […]