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Apple’s Fiscal Overview
Apple’s earnings report for fiscal Q4, which ended on September 27, 2025, revealed a revenue increase of 8% year over year, totaling $102.5 billion. Earnings per share grew 13% on an adjusted basis, marking the second consecutive quarter of accelerating profit growth. The company also achieved double-digit earnings-per-share growth for the full fiscal year.
Services Revenue Growth
In the latest quarter, Apple’s services revenue rose 15% year over year, accounting for over a quarter of total sales and providing higher profit margins than hardware sales. Apple’s installed base of active devices reached record highs, indicating significant monetization potential through its services and AI-enabled offerings.
Future Outlook
For fiscal Q1 2026, Apple anticipates revenue growth of 10% to 12% year-over-year, with iPhone revenue estimated to also increase at a double-digit rate. The company’s capital expenditures for fiscal 2025 were $12.7 billion, a 34% rise compared to the previous year.
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