US EditionThe iPhone 17 Is Easing Wall Street’s Concerns About Apple’s AI Troubles
Apple's fiscal Q1 2026 revenue rose 16% year-over-year to $143.8 billion, driven by record iPhone sales and 14% growth in services revenue, the company said.
- On January 29, 2026, Apple Inc. reported fiscal Q1 2026 revenue of $143.8 billion and net profit of $42.1 billion for the quarter ended December 27, 2025, with diluted EPS of $2.84 setting a new record.
- IPhone performance drove the quarter as iPhone revenue reached about $85.27 billion and Services revenue hit a record $30.01 billion, supported by an installed base of more than 2.5 billion active devices.
- Strong cash generation allowed Apple to generate nearly $54 billion in operating cash flow and return almost $32 billion to shareholders.
- Analysts had expected lower numbers, yet Apple beat Bloomberg consensus estimates of $138.4 billion revenue and $2.68 EPS and maintained its policy of no quarterly guidance.
- Apple points investors to SEC filings for risk details, noting forward-looking statements about future plans and dividends face risks including global economic conditions and supply-chain reliance.
24 Articles
24 Articles
Analysts criticize Apple because it seems to lag behind in the race for artificial intelligence (AI), but while other technological giants suffer to find resources to finance that crazy competition, the Apple firm is dedicated to pulverizing their business figures. The group founded by Steve Jobs recorded revenue of $143,756 million during the first quarter of its fiscal year, which begins on September 30. This is the largest revenue ever record…
Apple Reports Record iPhone Sales Amid Holiday Bump
Apple on Thursday reported record quarterly sales of the iPhone thanks to new, higher-priced models, which enticed holiday shoppers and helped drive a rebound for the brand in China, the largest smartphone market in the world. Revenue for the three months ending in December rose nearly 16 percent from a year earlier to $143.8 billion, the largest quarterly growth since 2021. Profit rose 16 percent to $42.1 billion. In September, Apple introduced…
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