Apple Services Revenue Hits Record $31.6 Billion in Q4

· Entertainment · United States

Apple reported fiscal fourth-quarter results ended Sept. 26, 2026, the first earnings report under new CEO John Ternus. Total revenue rose 12%, beating Wall Street forecasts, led by strong iPhone sales, with iPhone revenue at $57.58 billion. The services business, home to Apple TV, hit an all-time high of $31.6 billion, up 10%. Mac sales boomed, while iPads and wearables came in below estimates. Earnings per share were boosted by a tariff refund. One report described services as a hair soft relative to the broader beat.

Why it matters：Apple's services segment, which includes Apple TV, is now a major revenue pillar, so its growth trajectory directly affects the economics of streaming and content investment.

Key points

  • Total revenue rose 12%, topping forecasts, led by iPhone
  • Services hit a record $31.6 billion, up 10%
  • This was the first earnings report under CEO John Ternus

Sources (original reporting)

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