Apple(US:AAPL) 财联社·2025-10-31 02:35Core Viewpoint - Apple reported a record revenue of $102.47 billion for Q4 of fiscal year 2025, reflecting an 8% year-over-year growth, with diluted earnings per share of $1.85, surpassing market expectations [1][2]. Revenue Breakdown - iPhone sales reached $49.03 billion, a 6.1% increase year-over-year, but fell short of the market expectation of $50.19 billion [2][3]. - Mac sales amounted to $8.73 billion, up 12.7% year-over-year, exceeding the market expectation of $8.59 billion [2][3]. - iPad sales were $6.95 billion, slightly above last year's $6.95 billion but below the market expectation of $6.98 billion [2][3]. - Wearables, Home, and Accessories generated $9.01 billion, a slight decrease from $9.04 billion year-over-year, but above the market expectation of $8.49 billion [2][3]. - Services revenue was $28.75 billion, reflecting a 15% year-over-year growth and surpassing the market expectation of $28.17 billion [2][3]. Future Outlook - The CEO expressed confidence in a 10% to 12% revenue growth for Q1 of fiscal year 2026, with iPhone sales expected to achieve double-digit growth [4]. - The positive reception of the newly launched iPhone 17 series is anticipated to drive sales, despite supply constraints for several models [5]. - The CFO indicated that the services segment is expected to maintain similar growth levels in the upcoming quarter [8]. Regional Performance - The company experienced year-over-year growth in most global markets, with the exception of Greater China, which saw a 4% decline. However, recovery is expected due to the positive response to the iPhone 17 series [8]. Cost and Pricing Strategy - The CFO noted an additional cost of $1.1 billion due to tariffs in Q4, with expectations of $1.4 billion in the next quarter, while maintaining a gross margin between 47% and 48% [8]. - The company has not adjusted product prices due to tariffs, absorbing the costs into gross margins [8].