Apple earned $57.58 billion from iPhone sales in its fourth quarter, up 17 percent from a year earlier despite higher prices.
Apple reported $57.58 billion in iPhone revenue for its fourth quarter, a 17 percent increase from the same period last year, according to earnings released on Monday. The gain arrived even though Apple shipped no standard iPhone in its September refresh, offering only the pricier iPhone 18 Pro and Pro Max while raising prices on older models.
Apple has contended with supply chain constraints and rising memory costs, pressures that pushed prices higher across its devices. Chief executive John Ternus said memory costs rose from the June quarter, with inventory benefits and cheaper non-memory components offsetting part of the increase. Apple also unveiled its first folding phone, the iPhone Duo.
Operators should treat device pricing as a planning variable, since memory costs and supply limits now move list prices repeatedly. The 17 percent iPhone gain alongside a 10 percent iPad decline shows that premium tiers can carry revenue even when unit availability stays tight. Teams budgeting hardware refreshes need to model limited launch inventory and shipment dates that slip into the following year.
Apple’s folding iPhone Duo shipped in limited quantities, and some estimated delivery dates stretch into 2027, with preorder volume excluded from this quarter’s results. Next quarter’s report will show whether Duo demand holds and whether memory costs keep climbing. Apple’s new smart home devices and a touchscreen MacBook Pro also enter the mix.
What matters
- Apple booked $57.58 billion in iPhone revenue, a 17 percent yearly gain without a standard model.
- Higher memory costs and supply limits drove price increases that operators must now plan around.
- Apple’s folding iPhone Duo preorders fall outside this report, so its launch supply is the next signal.
Why it matters
Apple’s folding iPhone Duo preorders fall outside this report, so its launch supply is the next signal.
This GenAI News article was prepared in original wording using reporting and materials published by The Verge. Source reference: https://www.theverge.com/tech/1024748/apple-q4-2026-iphone-sales-earnings.
Drafted by the GenAI News review pipeline.