Apple posts record iPhone revenue without standard model refresh
Apple reported a 17 per cent increase in iPhone revenue to $57.58 billion in its latest quarter, despite not releasing a standard model.
At a glance
- iPhone revenue hit $57.58 billion in the fourth quarter
- Revenue increased 17 per cent year-on-year
- No standard iPhone model was released in the latest refresh
Apple announced record-breaking iPhone sales in its fourth-quarter earnings report released on Monday, with revenue reaching $57.58 billion. This represents a 17 per cent increase compared with the same period last year.
The strong performance occurred despite Apple not launching a standard iPhone model during its most recent product refresh cycle.
Why it matters
The result suggests strong demand for Apple's iPhone lineup even without a full product refresh, indicating sustained consumer interest in the company's flagship device.
Original reporting
This brief was written with AI assistance from the reports listed above and checked against our editorial policy. Spotted an error? Request a correction.