Apple Earnings Soar as China iPhone Sales Surge
Apple’s iPhone sales reached $85 billion in the quarter, driven by strong demand for the iPhone 17 and significant growth in China and India, CEO Tim Cook said.
- On Thursday, Apple reported iPhone sales of $85.2 billion in the recently-ended quarter, alongside profit of $42.1 billion on revenue of $143.8 billion.
- Cook said the sales bump was driven by enthusiasm for the iPhone 17, announced in September, and Greater China revenue rose from $18.5 billion to $25.5 billion year-over-year.
- Regional figures show Apple's services revenue hit a new quarterly high of $30 billion, with sales in the Americas rising to $58.5 billion and in Europe to $38.1 billion.
- Shares in Apple rose slightly more than one percent in after-market trades as Apple and Google earlier this month announced a multi-year partnership to power Siri with Google's technology.
- Apple Inc. is perceived to have stumbled in AI rollout efforts, and analyst Jacob Bourne said `All eyes will be on how Apple makes the most of its freshly announced partnership with Google to use Gemini artificial intelligence in its devices.
23 Articles
23 Articles
Apple just reported its best-ever quarter for iPhone sales
Apple shared its latest quarterly financial results today and the news is once again very, very good for the Cupertino company. The quarter ending December 27, 2025 marked "the best-ever quarter" for iPhones, which generated a record high revenue of nearly $85.27 billion for the business. Apple doesn't disclose the number of devices sold any more, but even with the prices for many of its latest generation of smartphones surpassing $1,000 a pop, …
Apple earnings soar as China iPhone sales surge
Apple on Thursday said it saw record-high earnings in the final three months of last year, with iPhone sales surging in greater China.
The electronics company is slowing down a weak phase and accelerating its growth. Chief Executive Officer Tim Cook speaks of "an unprecedented demand" at the iPhone.
Apple iPhone sales hit record $85B as CEO Tim Cook calls demand ‘staggering’
Apple beat Wall Street estimates for quarterly revenue on Thursday, powered by strong demand for its iPhones and a sharp rebound in China, with CEO Tim Cook telling Reuters that demand for the latest handsets was "staggering."
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