iPhone maker Apple (AAPL) is out with its fiscal fourth quarter earnings, topping revenue estimates with a print of $94.9 billion (estimates were for $94.36 billion). The tech giant’s diluted earnings per share (EPS) came out at $0.97 for the quarter; the company stated that the earnings figure would have amounted to $1.64 per share when discounting a one-time charge reversal to a European General Court decision, against expectations of $1.59 per share. Asking for a Trend hosts Josh Lipton and Alexandra Canal the net sales figures across key Apple categories, including its services, iPhone, and various device segments. Lipton references comments made by Apple CFO Luca Maestri to Yahoo Finance right before the earnings print was published, who noted consumer excitement around new device features and capabilities that drives upgrade cycles, which are still generally difficult to predict. Apple launched its Apple Intelligence AI features via a software update at the beginning of this week. Read up on Yahoo Finance’s latest coverage on Apple’s earnings report.
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