Apple has reported robust fourth-quarter results, exceeding Wall Street expectations with nearly $95 billion in revenue and a significant increase in iPhone sales. The tech giant saw a 6% rise in overall sales, attributed largely to booming demand for the new iPhone 16, despite facing challenges in the Chinese market. Notably, the earnings report highlighted a profit drop of 36% due to a hefty $10 billion European tax charge. While services revenue reached a record $25 billion, concerns over the sluggish China market linger. Despite a cautious holiday forecast, analysts remain optimistic about Apple’s performance as it continues to navigate challenges and leverage artificial intelligence to drive sales.