Apple’s Results Beat Expectations Driven by Strong iPhone Sales

Al-Taj News – Apple announced on Monday quarterly results that exceeded Wall Street expectations, supported by early demand for the iPhone 18 Pro phones and price increases that helped offset the impact of rising memory chip costs.

London Stock Exchange Group data indicates that Apple’s fourth-quarter sales reached $114.48 billion, beating analysts’ estimates of $113.39 billion. Earnings per share in the fourth quarter reached $2.10, topping analysts’ expectations of $1.99 per share even when excluding five cents per share from a customs duty refund.

Data from the London Stock Exchange Group shows that iPhone sales during the fourth quarter, which included iPhone 18 Pro models without counting Duo sales, reached $57.58 billion, surpassing analysts’ estimates of $56.54 billion.