To cap off a busy week that saw the rollout of the first Apple Intelligence features and several new Macs, Apple reported its fiscal Q4 earnings this afternoon. The period included very early sales of the iPhone 16 lineup, offering a chance to gauge the momentum of the company’s latest phones. The Apple Watch Series 10 and AirPods 4 were also released during the quarter. CEO Tim Cook told CNBC that sales of the iPhone 15 were “stronger than 14 in the year-ago quarter, and 16 was stronger than 15.”

The company reported revenue of $94.9 billion, which is a new record for the September quarter and up 6 percent year over year. The strong performance was dampened somewhat by a one-time income tax charge of $10.2 billion that Apple paid to...

Continue reading…