adNov 2, 2026, 22:02

Apple reports record revenue and profit as iPhone sales soar

Apple has reported its highest revenue and profit ever, reaching 114.5 billion dollars in revenue and 30.7 billion dollars in net profit. This record performance was largely driven by stronger than expected iPhone sales of 57.8 billion dollars.

American technology giant Apple has announced record-breaking financial results for the most recent quarter, achieving its highest revenue and profit in company history. The firm generated a total revenue of 114.5 billion dollars, reflecting a 12 percent increase compared to the same period last year. These figures surpassed the initial expectations set by market analysts. A significant portion of this growth was driven by robust iPhone sales, which climbed to 57.8 billion dollars. Consequently, the company reported a net profit of 30.7 billion dollars, a notable rise from the 27.5 billion dollars recorded in the previous year. These developments follow a period of consistent growth for the corporation, largely fueled by sustained demand for its flagship smartphone devices. The report marks a notable milestone for the company as it navigates a leadership transition, having presented these results under the guidance of new top executive John Ternus, who officially succeeded Tim Cook on September 1st.

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Based on reporting by ad. Translated and condensed by LocalHeadlines.

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