Apple Nets Record September-Quarter Revenue But Profit Comes in Shy of Estimates
1. Apple's Q4 revenue was $94.93 billion, above analyst expectations. 2. Net income fell short, reported at $14.74 billion, missing $22.49 billion estimate. 3. iPhone revenue reached $46.22 billion, exceeding expectations but from older models. 4. Analysts forecast a potential 'AI-driven super cycle' for iPhone 16 sales. 5. Apple shares declined over 1% in after-hours trading despite a strong year.