Apple Reports 6 Percent Increase in Revenue as iPhone Sales Jump

Apple’s profits jumped year on year but were impacted by a $10 billion tax bill.
Apple Reports 6 Percent Increase in Revenue as iPhone Sales Jump
Apple Inc. headquarters in Cupertino, Calif. Jan Jekielek/The Epoch Times
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Apple recorded revenue of $94.9 billion for the fourth quarter ended in September, up 6 percent year over year, partly fueled by a strong initial demand for its iPhone 16.

Those numbers would have been even higher were it not for a one-time tax bill stemming from a long-contested decision by the European Union (EU).

Aldgra Fredly
Aldgra Fredly
Author
Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.