Apple hit a record $57.58 billion in iPhone revenue by selling only premium models and raising prices, proving high-end demand can drive growth without a budget option.
AI-generated summary. Check the original reporting for context and accuracy.
This is the available feed excerpt, which may be shortened or in the publisher’s original language.
Apple had a record-breaking quarter for iPhone sales - despite not releasing a standard model during its latest refresh. In its fourth-quarter earnings report released on Monday, Apple says it earned $57.58 billion in iPhone revenue, marking a 17 percent jump from the same time last year. The increase in revenue follows the launch of Apple's iPhone 18 lineup in September, which included a pricier iPhone 18 Pro and Pro Max model. The company raised prices across its older models at the same time. Apple also took the wraps off its first folding phone, the iPhone Duo, but its preorder sales aren't included in this earnings report. Like other … Read the full story at The Verge.
An automated sorting aid based on source trust, keywords, and entities, on a scale of 1–12. High: 9–12; medium: 6–8; low: 1–5. It does not measure urgency, verify reporting, or indicate editorial endorsement.
Apple cannot predict when iPhone Duo supply will meet demand, highlighting significant production challenges for its first foldable phone.
Anthropic’s warning that AI is nearing recursive self-improvement capability signals an imminent, potentially irreversible acceleration in technological power and existential risk.
Burgas is offering a $25 discount on phone accessory orders over $50, making it a timely opportunity to save on cases, bands, and power banks.