Apple's Financial Performance

Apple reported record revenue of $94.9 billion for its fiscal fourth quarter, marking a 6% increase from the previous year. Key drivers for this growth included iPhone sales at $46.22 billion, which also rose by 6%, indicating strong consumer demand. Although the wearables segment saw a 3% decline, other product lines like Macs and iPads enjoyed moderate success, with sales increasing by 2% and 8% respectively. The company's services division also reached a new quarterly record of $24.97 billion, showcasing its deepening revenue diversification despite some analyst disappointment.