Apple posts record revenue despite slowing iPhone growth
Update: 2025-10-30
Description
Apple narrowly beats Wall Street's revenue expectations in Q4, driven by services growth. Despite a tariff hit and China sales drop, iPhone sales hit a new record. Services revenue surges 15% YoY, reaching $100B for the first time, becoming a significant revenue and profit driver. Apple's stickier products prove valuable, despite AI investments not yet paying off. The company remains optimistic, with new products and strong computing division.
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