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Apple Q4 Revenue Climbs 12% to $114.5 Billion as Holiday Margins Face Pressure

Apple reported fiscal fourth-quarter 2026 revenue of $114.5 billion, up 12% year on year, in results released on 2 November. Diluted earnings per share were $2.10, up 14%, and the quarter’s gross MarginThe amount your broker sets aside as collateral to open and hold a leveraged position. It is not a fee and it is not your risk limit.Read More was 47.9%, including a favourable impact from TariffTariff refers to a tariff is a tax imposed by a government on goods and services imported from other countries. The term belongs in Level 7 because it helps connect macro condit...Read More refunds. The company reported a September-quarter record for iPhone revenue and an all-time high for Services revenue. Subsequent outlook commentary indicated a lower gross-margin RangeA market state where price moves between boundaries without a clear sequence of higher highs or lower lows. Waiting is a valid read here.Read More for the holiday quarter as memory costs and product investment increased. These are company-reported results and guidance, not a confirmed future earnings outcome.

Apple reported a 12% year-on-year increase in fiscal fourth-quarter 2026 revenue to $114.5 billion, with diluted earnings per share rising 14% to $2.10. Strong iPhone sales and record Services revenue supported the results, while gross margin reached 47.9%, partly benefiting from tariff refunds. However, Apple indicated that higher memory costs and continued product investments could pressure profit margins during the upcoming holiday quarter, despite its strong quarterly performance.

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