Apple Q4 report shows strong iPhone sales, all-time high services revenue

Apple shared its quarterly financial results for the period ending on September 30 with total revenues of $89.5 billion and $22.9 billion in profits. The revenue numbers are down by 1% compared to the same period last year while the net income figure is up 10% on a yearly basis. Apple consolidated financial statement for period ending September 30 The latest generation iPhones contributed $43.8 billion in net sales or nearly 49% of Cupertino’s total quarterly revenue while the services sector which includes the likes of Apple Music, TV+ and iCloud reached a new all-time high $22.3...