Apple reported record revenues for fiscal 2026 of $478.8 billion on November 2, alongside record net income of $132.2 billion. iPhone and Mac sales powered the year’s finish, but the December-quarter outlook included a lower gross margin as component costs rose. Apple’s fourth-quarter revenue reached $114.5 billion, exceeding the $113.39 billion consensus compiled by LSEG. The quarter ended on September 26, 2026, with revenue up 12% from a year earlier.