Strong iPhone, Mac sales push Apple to yet another record quarter
All eyes were on the tech world last month as Apple capped a string of disappointing results from Google, Meta and Amazon. But Apple managed to buck the trend with another record-breaking quarter. For its fiscal fourth quarter, the company posted revenue of $90.1 billion, up 8 percent year over year, and quarterly earnings per diluted share of $1.29, up 4 percent year over year. The quarter was buoyed by its two biggest categories: the iPhone and Mac. Apple enjoyed an extra week of iPhone 14 sales thanks to an earlier release (though that didn’t include the new iPhone 14 Plus, which arrived 7 October). Sales of the iPhone came in at just under $43 billion, an increase of 10 percent over last year, and Mac sales rebounded from a disappointing…