Apple posts record Q1 earnings fueled by unprecedented iPhone demand

Apple announced its Q1,2026 fiscal quarter results, and it was headlined by the strongest iPhone quarter ever. While Apple calls it Q1, 2026, this fiscal quarter ended on December 27, 2025, aka the holiday period, which is traditionally Apple’s strongest quarter.

Total revenue reached $143.8 billion – up 16% from the same time last year, while net profits came in at just over $42 billion. The strong results were fueled by “unprecedented” demand for the iPhone. Apple reported its iPhone revenue reached $85.3 billion, which is an all-time high. The favorable result was largely driven by the iPhone 17 series, which has enjoyed great demand since its launch in September. Cupertino also now boasts 2.5 billion active devices.

Apple posts record Q1 earnings fueled by unprecedented iPhone demand

Apple’s Services division also saw its best quarterly result, raking in $30 billion, which is a 14% improvement compared to last year. The wearables, home and accessories division saw revenues of $11.49 billion, which is 2% lower compared to the same time last year. Mac revenue came in at $8.39 billion, which is 6% worse than in Q1,2025. On the flip side, iPad revenue rose 6% to $8.5 billion.

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  • 256GB 8GB RAM

    Apple posts record Q1 earnings fueled by unprecedented iPhone demand

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    Apple posts record Q1 earnings fueled by unprecedented iPhone demand

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