Apple Reports a Strong Quarter Propelled by iPhone 17 Sales

Apple had its first $100 billion quarter thanks to the new iPhone 17 series and a strong performance by services, up 15 percent from 2024. Revenue for fiscal Q4, ended September 27, totaled $102.5 billion, up 8 percent year-over-year. Profit surged 86 percent to $27.5 billion (due mainly to a 2024 tax hit). Q4 results capped a record fiscal year with revenue of $416 billion. Sales of the iPhone 17s brought in $49 billion for the three months. The company sold 100 million more units than last year during the same period despite “supply constraints” on some 2025 models. Design changes drove iPhone sales up 6 percent from Q4 of last year. Continue reading Apple Reports a Strong Quarter Propelled by iPhone 17 Sales

Apple Unveils New iPhone 17 Line, Watches and AirPods Pro

During its latest live-streamed event yesterday, Apple debuted new product models, including the iPhone 17 Air, the company’s first ultra-slim smartphone. Made of titanium, it’s priced at $1,000. The entry level of the group, the iPhone 17, costs the same as the iPhone 16, at $800, with an improved display and double the storage (256GB). Fully loaded, the iPhone 17 Pro Max is the company’s most expensive phone ever at $2,000 with 2TB of storage and a 6.9-inch OLED screen. All four models come with a 48MP rear camera, while the new A19 Pro chipset powers the 17 Pro, Pro Max and Air. Apple also unveiled a new collection of smartwatches and the AirPods Pro 3. Continue reading Apple Unveils New iPhone 17 Line, Watches and AirPods Pro