Apple's fiscal Q4 saw a new revenue record of $94.9 billion, with strong iPhone sales and positive customer feedback on its first Apple Intelligence features.
CEO Tim Cook noted that sales of the iPhone 15 were "stronger than 14 in the year-ago quarter," indicating strong demand for the new devices amid a busy product rollout.
Despite a one-time $10.2 billion income tax charge related to Ireland, nearly every aspect of Apple's business showed growth, with wearables being the exception.
Tim Cook reported that user adoption rates for iOS 18.1 were twice as high as those for 17.1, reflecting strong early feedback on Apple's new features.
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