Apple unveiled its fourth-quarter monetary outcomes this week, encompassing July to September. That’s when the brand new iPhone 15 lineup and Apple Watch went on sale, albeit for less than a small portion of the quarter.
However, whereas Apple’s rocketship-like development seems to be slowing down in sure areas, its total income nonetheless surpassed Wall Road expectations and continues to interrupt information in its Providers class, each by way of total income and subscriber counts.
The iPhone was additionally naturally up following a profitable launch of the iPhone 15, iPhone 15 Plus, iPhone 15 Professional, and iPhone 15 Professional Max, all of that are extra compelling upgrades this yr than they’ve been for some time. Sadly, Apple noticed a hunch in different classes like Mac, iPad, and Wearables. Nonetheless, a lot of these had a scarcity of fascinating product entries this yr, and Apple is assured these will likely be turning round because of its new M3 Mac lineup.
Learn on for 8 fascinating takeaways from this week’s This autumn 2023 earnings name.