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Tim Cook highlights all-time record for Apple Services & quarterly best iPhone sales

Apple's iPhone revenues hit a September quarter record

In Apple's latest earnings report, CEO Tim Cook says that Services had their best revenues ever, and that iPhone revenues hit a quarterly record.

Apple has announced its fourth quarter financial results, with a reported revenue of $89.5 billion. While overall that's below the same period in 2022, Cook painted a brighter picture of the details.

"Today Apple is pleased to report a September quarter revenue record for iPhone and an all-time revenue record in Services," said Cook.

"During the September quarter," he continued, "our business performance drove double digit EPS [Earnings Per Share] growth and we returned nearly $25 billion to our shareholders, while continuing to invest in our long-term growth plans."

The figures for the iPhone are of particular interest since falling demand for the iPhone 15 in China had made many — but not all — analysts predict a downturn for the category.