Apple Beats Q4 Revenue Estimates with $143.8B, Stock Rises 1.1%

Apple (NASDAQ:AAPL) reported Q4 CY2025 revenue of $143.8 billion, up 15.7% YoY and 4.1% above Wall Street estimates, driving shares up 1.1% to $261.14 post-earnings. GAAP EPS of $2.84 beat consensus by 6.4%. Products revenue rose 16.1% YoY, fueled by early adoption of Apple Intelligence features, though Services missed expectations. Over five years, Apple’s revenue grew at 8.2% CAGR to $435.6B, trailing Amazon (14.1%), Microsoft (14.8%), and Alphabet (18.1%). Recent two-year revenue growth slowed to 6.3%, raising questions about sustained momentum. Analysts project modest future growth, betting AI features won’t dramatically accelerate upgrades. With 74.1% of revenue from hardware, Apple needs a stronger device refresh cycle to reaccelerate.