Apple Beats Wall Street Expectations on Strong iPhone Sales
Apple reported fourth-quarter results that beat Wall Street expectations, driven by strong demand for its iPhone 18 Pro lineup and price increases. Sales reached $114.48 billion while profit came in at $2.10 per share.
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Apple Inc. reported fiscal fourth-quarter sales of $114.48 billion on Monday evening, beating analyst estimates of $113.39 billion on robust iPhone demand. The performance topped Wall Street expectations as early sales of the iPhone 18 Pro lineup and price increases offset rising memory-chip costs. Profit reached $2.10 per share, outpacing the $1.99 per share consensus forecast.
