Apple Posts Best-Ever Year as iPhone Revenue Hits $57.6B, Warns on Memory Costs
The Verge AI · rss · 2026-11-03
The Verge reports Apple's best-ever fiscal year for revenue and EPS: Q4 iPhone revenue rose 17.5% YoY to a September-quarter record $57.6B, Mac climbed 24% to $10.8B (four-year high). Shares fell premarket after Apple warned rising memory costs will squeeze holiday-quarter margins. The piece frames Apple as capitalizing on the AI boom — its own and everyone else's — without the massive infrastructure spending consuming rivals.
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