Apple’s Q4 Revenue Surpasses $102B Amid China Slowdown
Apple delivered a strong fiscal fourth quarter with $102.47 billion in revenue, exceeding Wall Street's $1.77 EPS forecast at $1.85 per share. The 8% annual growth was tempered by a 4% decline in Greater China sales, now representing $14.49 billion of total revenue.
iPhone sales of $49.03 billion fell short of analyst projections due to supply chain constraints, while services revenue surged 15% to $28.75 billion - becoming Apple's fastest-growing segment. The market responded tepidly, with shares remaining flat post-announcement as investors weighed regional weaknesses against overall performance.