• Loading stock data...
Wednesday, July 30, 2025
Tuned In returns to NYC on September 16. Hear from the biggest names in sports media. Click here to get your spot

Apple Fights Off Supply Chain Issues in $83.4B Quarter

  • Apple lost $6 billion due to supply chain issues, but still banked $83.4 billion in fiscal Q4 revenue.
  • The company missed expectations.
Apple/Design: Alex Brooks

Apple took in $83.4 billion in its fiscal fourth quarter, up 29% year-over-year despite a supply chain crunch.

The tech giant sold $65.1 billion in products, despite a crunch that CEO Tim Cook estimated cost the company around $6 billion.

The company’s wearables segment brought in $8.8 billion in the quarter. The Apple Watch Series 7 debuted on Oct. 15, but some shipment dates have been delayed well into December.

Apple’s services division, which includes Apple TV, Apple Fitness+, and Apple Arcade, grew 25.6% to reach $18.3 billion in revenue. The division has 745 million paid subscribers.

  • The company announced that Apple Fitness+ would roll out in 15 new countries, and enable users to workout or meditate with friends through its SharePlay function.
  • In 2020, it made $13.54 billion in gaming from its 30% developer fee on App Store downloads and in-app purchases, according to analyst Sensor Tower.
  • The NFL is reportedly hoping that Apple makes a strong bid for its “NFL Sunday Ticket” package, which could cost as much as $2.5 billion.

Apple ended its fiscal year with $297.4 billion in revenue, up 34.7% from the previous year.

The company’s stock slipped around 5% in after hours trading, as analysts were expecting $84.9 billion in quarterly revenue.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Las Vegas sign

College Sports Embracing Vegas After Years of Cold Shoulder

The Big Ten became the latest newcomer to Sin City.
2000, Jupiter, FL, USA; FILE PHOTO; Montreal Expos pitcher Hideki Irabu in action on the mound against the New York Mets at Roger Dean Stadium during Spring Training

Dead Sports Franchises Are Alive and Well on Twitter

The Expos, Sonics, and Whalers have active social media accounts.
Limited Hype

Sneaker Reselling Was Once Easy Money. Success Is Now Complicated

Vendors need to evolve what they’re selling and how they do it.

Featured Today

Ryan Field Construction
exclusive

First Look Inside Northwestern’s $862 Million New Ryan Field

Five big things FOS learned on our exclusive stadium tour.
Jul 21, 2024; Ayrshire, SCT; Xander Schauffele celebrates with Claret Jug after winning the Open Championship golf tournament at Royal Troon.
July 17, 2025

The Boozy History and Traditions of The Open’s Claret Jug

The Open awards the world’s most famous wine decanter.
2025 PDC World Darts Championship Final - Luke Littler vs Michael Van Gerwen
July 16, 2025

A Teen Darts Prodigy Is Becoming Bigger Than the Game Itself

Luke ‘The Nuke’ Littler is cashing in on his devastatingly accurate shot.
May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive
July 13, 2025

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.
Jonathan Mariner

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

Mariner worked in Major League Baseball for 24 years.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
James Harden
April 24, 2025

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.