File iPhone gross sales lead Apple to its greatest quarter of all time

Apple held its first quarter 2026 monetary outcomes on Thursday, and the corporate posted income of $143.8 billion, a 16 % year-over-year improve, and quarterly diluted earnings per share of $2.84, up 19 %, with $42 billion in revenue. Apple’s earlier all-time file quarter was precisely a 12 months in the past.

Analysts had projected Apple’s income at $138.48 billion, with an earnings per share of $2.67, so this was a considerable beat. Apple’s board of administrators has declared a money dividend of $0.26 per share. The dividend is payable on February 12, 2026, to shareholders of file as of the shut of enterprise on February 9, 2026.

The iPhone had its greatest quarter ever, with $85 billion, beating the earlier file of $71.6 billion set within the first quarter of 2022. “iPhone had its best-ever quarter pushed by unprecedented demand, with all-time data throughout each geographic phase,” stated CEO Tim Prepare dinner in a press launch. Throughout a convention name with traders, Prepare dinner famous that the corporate noticed double-digit development with customers switching over to iPhone.

Mac gross sales had been down 7 % year-over-year, which isn’t shocking since Apple launched just one new Mac for the quarter, the M5 MacBook Professional, versus 5 new fashions final 12 months. Nevertheless, Prepare dinner said that the Mac has its largest put in base ever, and on this previous quarter, practically half of those that purchased a Mac had been switching from one other platform.

Providers had a file quarter with a rise of 15 %, and has firmly established itself as Apple’s second-largest income generator. “Apple TV has seen improbable momentum, with December seeing a 36 % improve in viewership over the earlier 12 months,” stated Prepare dinner, who additionally stated that “Apple Music climbed to all-time highs in each listenership and new subscriber development.”

The iPad noticed a rise of 8 %, whereas Providers had one other nice quarter with a rise of 15 %. Apple’s gross sales for Wearables, Dwelling, and Equipment noticed a slight 2 % lower.

Apple said that the corporate now has 2.5 billion activated units, a brand new file.

The RAM value will increase that the market has been experiencing didn’t have an effect on Apple for the primary quarter, Prepare dinner famous throughout a convention name for traders. Nevertheless, he stated Apple is now “in a provide chase mode,” and is experiencing provide constraints like the remainder of the business.

Regardless of these provide chain points, nevertheless, Apple expects its second-quarter 2026 whole firm income to develop by 13 to 16 % year-over-year–in Q2 2025, Apple reported income of $95.4 billion. Apple’s estimates embrace issues for “constrained iPhone provide throughout the quarter,” stated CFO Kevan Parekh. Apple additionally expects Providers income to proceed to develop on the fee skilled within the first quarter, so roughly 10-15 %.