Tim Cook’s Final Quarter: iPhone Revenue Jumps, Services Hits Record
Tim Cook’s final full quarter for Apple delivered $109.42 billion in revenue, up 16.4%. iPhone revenue rose 21.7% year over year, driven by the iPhone 17 family, with June-quarter records across geographies. Services posted a 76.5% gross margin and paid subscriptions surpassed 1.5 billion. The planned succession to John Ternus kept Apple’s strongest mix.
Coverage (2)
- Tim Cook's Final Full Quarter as CEO Saw iPhone Revenue Hit $56.99 Billion and Services Revenue Hit a Record $30.98 Billion. Does That Mix Make Apple Stock a Buy as John Ternus Takes Over? (fool.com)
- Tim Cook's Final Full Quarter as CEO Saw iPhone Revenue Hit $56.99 Billion and Services Revenue Hit a Record $30.98 Billion. Does That Mix Make Apple Stock a Buy as John Ternus Takes Over? (finance.yahoo.com)