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| Ticker | Company | Country | Industry | Mkt Cap |
|---|---|---|---|---|
| AAPL | Apple Inc. | US | Consumer Electronics | 3.12T |
| COST | Costco Wholesale | US | Retail | 412B |
| MA | Mastercard, Inc. | US | Payment Networks | 498B |
| V | Visa, Inc. | US | Payment Networks | 612B |
| MCO | Moody's Corp. | US | Capital Markets | 92B |
| SPGI | S&P Global Inc. | US | Capital Markets | 148B |
Open any 10-K, 10-Q, or proxy with Foundry's AI summary side-by-side. Get an instant summary of dense financial filings and earnings calls.
Tim Cook: Thank you, Suhasini. Good afternoon, everyone. I'm pleased to share that Apple delivered a Q4 revenue record of $94.9 billion, up 7% year over year.
We saw a strong start to the iPhone 17 cycle, with record upgraders in our top three markets. Services revenue reached an all-time high of $26.5 billion, growing 13% year over year.
We are particularly encouraged by the early reception to Apple Intelligence features rolling out across the install base.
Gross margin expanded 110bps to 46.8%, driven by a favorable Services mix and improved iPhone ASPs. We returned over $24 billion to shareholders in the quarter.
Throughout the year, our installed base continued to set all-time records across every product category and geography.
For the December quarter we expect revenue to grow at a low double-digit rate, with gross margin between 47.0% and 48.0%.
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