Business1 min read

Apple reports Q4 revenue up 12% YoY to $114.48B, above $113.39B est., and net income up 12% to $30.7B, in John Ternus' first earnings report (Apple)

By · Published by Everything Blog

In short

The company's performance was underscored by top-line growth that outpaced initial market forecasts by over a billion dollars. Both sales and net earnings expanded at an identical percentage rate year-over-year. The results provide a solid foundation as John Ternus completes his debut earnings release at the helm.

Key points

  • The corporate performance marks the first official earnings report delivered under John T…: The corporate performance marks the first official earnings report delivered under John Ternus.
  • Double-digit growth across revenue and profit demonstrates sustained financial health for…: Double-digit growth across revenue and profit demonstrates sustained financial health for the business.
  • Outperforming consensus estimates signals that the company's financial momentum exceeded…: Outperforming consensus estimates signals that the company's financial momentum exceeded analyst expectations for the quarter.

Sources checked by our analysis pipeline: 1

Bailey Lipschultz / Bloomberg: |

Ashley Capoot / CNBC: |

Yasutaka Tamura / Bloomberg: |

Anhata Rooprai / Reuters: |

Bloomberg: |

Bruno Ferreira / Tom's Hardware: |

Aaron Tilley / The Information: |

Washington Post: |

Rikiya Takehi: |

Ivan Mehta / TechCrunch: |

Siladitya Ray / Forbes: |

Charlotte Klein / New York Magazine: |

OpenAI: |

Liam Proven / The Register: |

Kelly Cloonan / Wall Street Journal: |

Matt Burgess / Wired: |

Samantha Subin / CNBC: |

Scott Alexander / LessWrong: |

Reuters: |

Apple: |

Todd Spangler / Variety: |

SemiAnalysis: |

Reuters: |

Rest of World: |

Rivka Galchen / New Yorker: |

Debby Wu / Bloomberg: |

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