SAN FRANCISCO, Nov 3 (Bernama-Xinhua) -- United States (US) technology giant Apple reported on Monday that its fiscal fourth-quarter revenue rose 11.7 per cent year on year to US$114.48 billion, while net income increased 11.8 per cent to US$30.71 billion, driven by strong sales of iPhones and Mac computers, reported Xinhua.
Apple Reports Revenue, Net Income Growth In Q4
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Key takeaways
Apple reported Q4 revenue of $114.48 billion, up 11.7% year-on-year, with net income rising 11.8% to $30.71 billion.
- iPhone revenue increased 17.5% to $57.58 billion, while Mac revenue jumped 23.7% to $10.79 billion.
- iPad and wearables revenue declined, with iPad down 10.4% to $6.23 billion.
- Apple's Services business set a record with $31.57 billion in revenue, up 9.8% year-on-year.
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