AAPL Apple closed its fiscal Q4 2025 with revenue up 8% year over year to $102.5 billion and earnings of $1.85 per share, both above expectations. Services led the way with record revenue of $28.8 billion, helping lift gross margin to 47% despite a $1.1 billion tariff hit.
iPhone sales rose 6% but missed forecasts due to supply constraints on the new iPhone 17, while Mac sales grew 13%. China revenue slipped 4%, though other regions hit records. Looking ahead, Apple expects a strong Q1 with 10%–12% revenue growth, double-digit iPhone gains, and renewed growth in China, supported by rising demand and continued investment in AI and Apple Intelligence.
AAPL did anyone catch Dan Ives this morning (what was he wearing?), as much as I am an orange 17 phone carrying cult member I am not fooled, and Gemini ain't no OpenAi, wrong move Tim. But maybe someone understands why Apple would go that direction, hoping to reinvent the Ai wheel better?