Apple reported a record-breaking $57.58 billion in iPhone revenue for Q4 2026, up 17% year-over-year, despite not releasing a new standard iPhone model. The gains were driven by the premium iPhone 18 Pro lineup and higher prices on older models. Apple also unveiled its first folding phone, the iPhone Duo, though its preorders won't factor into this quarter's results.
Background
Apple's Q4 2026 earnings reflect strong consumer demand for premium devices even without a mid-range refresh, signaling a continued shift toward higher-priced products. The iPhone 18 lineup and the new folding iPhone Duo mark Apple's push into premium and innovative form factors.
- Source
- The Verge
- Published
- Nov 3, 2026 at 06:02 AM
- Score
- 7.0 / 10