# Apple posts record annual results as AI broadens growth plans

- URL: https://talkfuse.com/story/apple-is-all-in-on-ai-its-own-and-everyone-elses/
- Published: 2026-11-03T15:24:51+00:00
- Updated: 2026-11-03T15:32:54+00:00
- Original publisher: The Verge
- Original article: https://www.theverge.com/ai-artificial-intelligence/1025245/apple-earnings-q4-ai
- Topics: AI, Art, Business, Companies, Culture, Gadgets, Technology

## Key points

- Apple sees AI as a way to sell more devices and services.
- iPhone revenue reached $57.6 billion in the September quarter.
- Apple spent far less on capital expenditure than Amazon or Alphabet.

## Summary

Apple reported its best ever fiscal year for revenue and earnings per share, with strong iPhone and Mac sales, as executives described AI as a way to drive future growth. The company aims to benefit by selling devices used for AI, offering its own features and services, and taking part in partnerships with outside AI providers.

In the September quarter, iPhone revenue rose 17.5 per cent year on year to a record $57.6 billion, while Mac revenue increased 24 per cent to $10.8 billion. Apple spent $2.2 billion on capital expenditure, compared with $77.3 billion at Amazon and $51.4 billion at Alphabet, though the figures cover companywide spending. Its revamped Siri began rolling out in beta in September, and Apple says customers may be able to pay for expanded access to server-based features; rising memory costs are expected to pressure holiday-quarter margins.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.