Apple released its financial report for the July-August period, the final quarter of its fiscal year, announcing that revenue rose 6 percent as iPhone sales climbed to a total of $94.9 billion.
Apple saw sales growth in all categories (iPhone, Mac, iPad, Services) except wearables, where they fell by just 3%.
Tim Cook, CEO, said in a conference call that iPhone sales set a revenue record in September, with growth in every geographic area. The iPhone 16 devices, however, were only available for sale for the last ten days of the quarter.
Total revenue may have increased, but net income was down 35% year over year. The company said this was due to paying €14.3 billion in back taxes to Ireland after a deal was found to be in breach of state aid laws in the European Union.
Source: techblog.gr
