Apple results beat Wall Street expectations on strong iPhone sales in Q4
SAN FRANCISCO: Apple on Monday reported results that beat Wall Street expectations, driven by early demand for its iPhone 18 Pro lineup and price increases that helped offset the blow of rising memory-chip costs.
Apple said fiscal fourth-quarter sales were $114.48 billion, above analyst estimates of $113.39 billion, according to LSEG data. Profit for the fourth quarter was $2.10 per share, above analyst estimates of $1.99 per share even when excluding 5 cents per share from tariff refunds.
