Apple (AAPL) reported strong fiscal Q4 results, with revenue reaching $114.5 billion, a 12% year-over-year increase, and earnings per share (EPS) of $2.10, up 14%. The company noted that $0.05 of the EPS came from tariff-refund benefits. iPhone revenue set a new record for the September quarter.
China has approved Apple Intelligence for tablets and laptops, following its earlier approval for iPhones in July. The localized features, developed in collaboration with Alibaba, are expected to launch in December via iOS 27.3.
Apple is investigating a fatal incident at Tata’s iPhone parts plant in India that resulted in three worker deaths. A team from Apple is currently visiting the factory as part of the probe.
The tech giant also raised $7.5 billion through a debt offering, including $1.25 billion in floating-rate notes and $6.25 billion in fixed-rate notes, with maturities ranging from 2028 to 2036.
Additionally, Apple introduced $49.99 AI usage packs for Creator Studio subscribers who exceed their monthly limits. These packs are available in eight countries, including the U.S., U.K., Canada, Germany, and India.
For fiscal 2026, Apple’s tax expense totaled $34.59 billion. The company’s Singapore tax arrangements reduced its liability by about $2.7 billion, with Apple paying $3.2 billion in Singapore and $4.95 billion in Ireland.