Apple published its financial report for the past three months, the last quarter of its fiscal year. Revenue rose 6% in July-September as iPhone sales picked up, reaching a total of $94.9 billion.
Apple saw sales growth across all categories (iPhone, Mac, iPad, Services) minus wearables, where sales were down just 3%.
Tim Cook, CEO, said on a conference call that iPhone sales set a revenue record in September, marking growth in every geographic segment. The iPhone 16 devices were on sale during the last ten days of the quarter.
Total revenue may have increased, but net profit fell 35% year-on-year. The company said this is due to the retrospective payment of €14.3 billion ($15.8 billion) in taxes to Ireland after a deal was found to have breached state aid laws in the European Union.