Apple has published its financial report for the last quarter of its fiscal year, covering the period from July to September. The company recorded a 6% increase in revenue, primarily due to high sales of the iPhone 16. Apple’s total revenue for this quarter was $94.9 billion, indicating continued growth in international markets, according to gagadget.com.
The increase in revenue was also supported by rising sales of Mac, iPad, and services. However, in the wearables category, which includes the Apple Watch and AirPods, there was a slight decline of 3%, which did not significantly impact the company’s total revenue. Apple’s CEO, Tim Cook, emphasized that the company set a new record for iPhone sales revenue in September.
Sales increased across all major regions, benefiting from the launch of the new iPhone 16 models, which became available ten days before the end of the quarter. This surge in demand highlights the importance of the iPhone for Apple’s financial success.
