Apple reports record iPhone sales as new lineup reignites worldwide demand

<p>Tim Cook forecast 10% to 12% revenue growth in the quarter ending in December, typically Apple’s biggest of the year</p><p><a href="https://www.theguardian.com/technology/apple">Apple</a> reported its first quarterly earnings since the release of its new lineup of iPhones on Thursday, beating Wall Street analysts’ expectations. The company showed steady financial growth and a strong bottom line despite slow progress on <a href="https://www.theguardian.com/technology/artificialintelligenceai">artificial intelligence</a>. The report comes just days after the company <a href="https://www.theguardian.com/technology/2025/oct/28/apple-market-value-iphone">hit a $4tn market value</a> for the first time.</p><p>“Today, Apple is very proud to report a September quarter revenue record of $102.5 billion, including a September quarter revenue record for iPhone and an all-time revenue record for Services,” Apple’s CEO, Tim Cook, said in a statement. Despite high overall iPhone sales, the company’s revenue in China from the smartphone came in below Wall Street estimates.</p> <a href="https://www.theguardian.com/technology/2025/oct/30/apple-earnings-iphone-demand">Continue reading...</a>