Apple's Record Quarter

Apple reported record September-quarter revenue of $114.5 billion, up 12% year over year, and earnings per share of $2.10, up 14%, in John Ternus’ first earnings report as CEO. iPhone revenue rose 17% to $57.6 billion and Mac revenue climbed 24% to $10.8 billion, despite supply constraints and higher memory costs. The results capped Apple’s best fiscal year, with annual revenue reaching $478.8 billion.

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