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Apple has released its fiscal year 2018 fourth quarter earnings results which include initial iPhone XS and iPhone XS Max sales as well as Apple Watch Series 4. IPhone XR launched earlier this month and didn’t make the previous quarter. Apple reports $62.9b in revenue and $14.12b profit from 46.89m iPhones, 9.69m iPads, and 5.3m Macs sold. Next quarter Apple forecasts revenue between $89 billion and $93 billion. FY18 Q4 results compare to the $53.3 billion in revenue, $11.5 billion in profit, 41.3 million iPhones, 11.55 million iPads, and 3.7 million Macs. In the same quarter, Apple reported $52.6 billion in revenue, $10.7 billion in profit, 46.7 millions iPhones sold, 10.3 million iPads sold, and 5.4 million Macs sold. Full press release after the break, and stick around for our earnings call live blog at the top of the hour. Apple CEO Tim Cook had this to say about the record-breaking quarter: “We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO.

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“Over the past two months, we’ve delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems, and we enter the holiday season with our strongest lineup of products and services ever.” Apple CFO Luca Maestri called out iPhone, Wearables, Services, and Mac: “We concluded a record year with our best September quarter ever, growing double digits in every geographic segment. We set September quarter revenue records for iPhone and Wearables and all-time quarterly records for Services and Mac,” said Luca Maestri, Apple’s CFO. “We generated $19.5 billion in operating cash flow and returned over $23 billion to shareholders in dividends and share repurchases in the September quarter, bringing total capital returned in fiscal 2018 to almost $90 billion.” After hours trading is down about 4%: Full press release below. November 01, 2018 04:30 PM Eastern Daylight Time CUPERTINO, Calif.––Apple® today announced financial results for its fiscal 2018 fourth quarter ended September 29, 2018. The Company posted quarterly revenue of $62.9 billion, an increase of 20 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.91, up 41 percent.

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International sales accounted for 61 percent of the quarter’s revenue. Services revenue reached an all-time high of $10 billion. Excluding a one-time favorable adjustment of $640 million recognized in the fourth quarter of fiscal 2017, Services revenue grew from $7.9 billion in the fourth quarter of fiscal 2017 to $10 billion in the fourth quarter of fiscal 2018, an increase of 27 percent. “We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO. “Over the past two months, we’ve delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems, and we enter the holiday season with our strongest lineup of products and services ever.” “We concluded a record year with our best September quarter ever, growing double digits in every geographic segment. We set September quarter revenue records for iPhone and Wearables and all-time quarterly records for Services and Mac,” said Luca Maestri, Apple’s CFO.