Revenue grew 16% year-over-year to $109.4B, with iPhone and Mac leading double-digit gains and Services hitting a record. Gross margin rose to 50.1%, aided by tariff refunds, but memory cost inflation and supply constraints are expected to intensify next quarter. Guidance calls for 9%-11% revenue growth amid FX and supply headwinds.

Based on

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.