Apple is all in on AI — its own and everyone else’s

Apple's latest earnings amusement however it's continuing to capitalize connected the AI roar without busting its fund connected the infrastructure spending consuming its competitors.

Overall, Apple posted its best-ever fiscal twelvemonth for gross and net per share. iPhone and Mac income continued to turn powerfully successful the 4th quarter. iPhone gross roseate 17.5% from a twelvemonth earlier to a September 4th grounds of $57.6 cardinal portion Mac gross climbed 24% to $10.8 billion, its highest level successful 4 years. Shares nevertheless fell successful premarket trading Tuesday aft Apple warned that rising representation costs would compression its nett margins successful the vacation quarter.

Read the afloat communicative astatine The Verge.