After reporting fiscal Q4 earnings, Apple CFO Maestri said company revenue will show no growth during the current quarter.
As we told you earlier today, Apple reported its fiscal fourth quarter earnings which included two records. The company reported the highest revenue ever achieved by the iPhone for any fiscal fourth quarter ever. Considering that this quarter includes September when Apple starts shipping the latest iPhone models, this record means a lot. The iPhone is Apple’s largest business segment but its second-largest business unit, Services, also did well setting a new record for revenue during any quarter. Interestingly, after the earnings were released and Apple held its conference call for analysts and the media, both CEO Tim Cook and CFO Luca Maestri pointed out that even now, more than one month after being released by Apple, delivery lead times for iPhone 15 Pro and iPhone 15 Pro Max orders from Apple’s online store are hanging in around two to three weeks.
