Apple posts record iPhone quarter: $57.58B without a base iPhone 18

Apple has reported a record quarter for iPhone sales even though its autumn lineup skipped a standard model. In its fiscal fourth-quarter results released on Monday, Apple said iPhone revenue reached $57.58 billion, up 17% from a year earlier, The Verge reports.

Pro-only refresh, higher prices

The quarter includes the September launch of the iPhone 18 Pro and iPhone 18 Pro Max, which are more expensive than their predecessors. Apple also raised prices on older models at the same time. The company's first foldable, the iPhone Duo, was announced in the same period, but its pre-order sales are not included in this report. Apple had only a "limited" number of Duos in stores at launch, and some shipping estimates stretch into 2027; according to The Verge, Apple says it is "not able to predict" when supply will catch up.

Like other device makers, Apple is dealing with supply constraints and rising memory costs. "We saw higher memory costs as compared to the June quarter, and that was partly offset by the benefit of carrying inventory and lower costs on non-memory components," CEO John Ternus told CNBC.

The rest of the business

• Total revenue: $114.5 billion, up 12%.
• Mac: $10.79 billion, up 24%.
• Services (App Store, Apple TV, Apple Music and more): $31.57 billion.
• iPad: $6.23 billion, down 10%.

Apple has also widened its product range in recent weeks, with its first smart home display, video doorbells, security cameras and door locks built with LG and Schneider Electric, plus a MacBook Pro with a touchscreen. If you're weighing an Apple smart home setup, our list of Apple Home compatible devices explains what works today. And if you're keeping an older iPhone instead of upgrading, here is how to check your phone's battery health.