US EditionApple sales surge 16% on ‘staggering’ iPhone demand
Apple's fiscal Q1 2026 revenue rose 16% to $143.8 billion, led by a 23% surge in iPhone sales and a 14% increase in services revenue, CEO Tim Cook 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.
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Apple sells record number of iPhones on 'simply staggering' demand
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Apple is well ahead of expectations for its first quarter of its staggered fiscal year with a $42.1 billion profit, driven by record iPhone sales and a sharp increase in sales in China.
In the last quarter of 2025 turnover rose by 18% on an annual basis to $143.8 billion with a net result of $42.1 billion. New maximum for sales of the iPhone: +23% to $85.3 billion. In China +38%
The first fiscal quarter of 2026 has been especially brilliant for Apple. The company has closed the period with revenues of 143.8 billion dollars, 16% more than a year ago, signing the best quarter of its history in both billing and profit per share. A figure that not only greatly exceeds that of the same period of 2025, but also makes clear that the demand for its products is still far from exhausted. An iPhone that pulls the cart again If the…
Apple earnings recap: Tim Cook talks blowout quarter, China rebound, memory shortage, and AI
Apple had a monster holiday quarter, as Tim Cook promised.Song Jiaru/VCG via Getty ImagesApple's earnings are in, and as promised, the iPhone maker put up some big numbers.CEO Tim Cook said iPhone demand was "staggering" and "unprecedented" in the holiday quarter. Both Apple's reported revenue of $143.76 billion and earnings per share of $2.84 handily beat analyst estimates.The company also put concerns around Greater China to rest for now, repo…
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