Apple delivered a record fiscal fourth-quarter performance, posting global revenue of $114.5 billion—a 12% year-on-year increase despite persistent supply chain constraints and component cost inflation.
Chief Executive Officer John Ternus confirmed during the earnings call that the quarter set a record for Apple in India. The momentum was further bolstered by key regional milestones, including the launch of Apple Pay in partnership with Axis Bank.
Product revenue saw broad-based expansion, with iPhone revenue surging 17% year-on-year to $57.6 billion. Growth was spearheaded by strong upgrader demand for the new iPhone 18 Pro series and the debut of the foldable iPhone Duo. Mac sales rose 24% to $10.8 billion, while Services hit an all-time high of $31.6 billion, up 10%.
Chief Financial Officer Kevan Parekh noted record September-quarter results across major markets, including the U.S., Greater China, and Japan.
In India, Counterpoint Research highlighted an acceleration toward a full ecosystem market, with Apple’s average selling price surpassing $1,000. Supported by easy financing, local manufacturing, and new Siri AI features, Apple enters the holiday season with its strongest lineup yet.
