Apple Sets New Sales Record as iPhone Revenue Rises 17%

Apple has released its report for the fourth quarter of fiscal 2026. Despite higher prices, the absence of a base model and the limited release of the foldable iPhone Duo, the company set a new record for iPhone sales in the September quarter.

According to the report, revenue from iPhone sales reached $57.58 billion. This represents a 17% increase compared with the same period last year. Apple’s total revenue rose 12% to $114.5 billion, while net profit totaled $30.71 billion. Results varied across other product categories. Revenue from iPad sales fell 10% to $6.23 billion. The Mac division generated $10.79 billion in revenue, an increase of 24%.

Apple spent a record $45.77 billion on research and development during fiscal 2026. This was 32% more than in the previous year. In the final quarter alone, $11.73 billion was allocated to this area. Despite supply constraints affecting iPhone, Mac and iPad models, Apple expects to set another record in the next quarter. Chief Financial Officer Kevan Parex forecasts that revenue in the quarter covering the holiday season will increase 7–10% year over year and reach the highest level in the company’s history.

However, the company also acknowledges that the shortage of the iPhone Duo and rising component prices, which are putting pressure on product profitability, could limit results to some extent.

At the end of fiscal 2026, Apple’s total revenue reached a record $479 billion.