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Tim Cook’s Final Quarter: iPhone Revenue Jumps, Services Hits Record

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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.

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