Abstract created by Good Solutions AI
In abstract:
- Apple achieved document Q1 2026 income of $143.8 billion with iPhone gross sales hitting an all-time excessive of $85 billion, based on Macworld.
- Companies income grew 15% to $30 billion, changing into Apple’s second-largest income generator alongside 2.5 billion energetic gadgets globally.
- Regardless of Mac gross sales declining 7%, Apple expects continued development with 13-16% income improve projected for Q2 2026.
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 document 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 document as of the shut of enterprise on February 9, 2026.
The iPhone had its greatest quarter ever, with $85 billion, beating the earlier document of $71.6 billion set within the first quarter of 2022. “iPhone had its best-ever quarter pushed by unprecedented demand, with all-time information throughout each geographic section,” mentioned CEO Tim Prepare dinner in a press launch. Throughout a convention name with buyers, 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 stunning since Apple launched just one new Mac for the quarter, the M5 MacBook Professional, versus 5 new fashions final 12 months. Nonetheless, Prepare dinner acknowledged 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.
Companies had a document quarter with a rise of 15 %, and has firmly established itself as Apple’s second-largest income generator. “Apple TV has seen implausible momentum, with December seeing a 36 % improve in viewership over the earlier 12 months,” mentioned Prepare dinner, who additionally mentioned that “Apple Music climbed to all-time highs in each listenership and new subscriber development.”
The iPad noticed a rise of 8 %, whereas Companies 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 acknowledged that the corporate now has 2.5 billion activated gadgets, a brand new document.
How the quarter ended year-over-year for Apple:
- iPhone: $85 billion (up from $69 billion)
- iPad: $8.6 billion (up from $8 billion)
- Mac: $8.3 billion (down from $8.9 billion)
- Wearables, Dwelling, and Equipment: $11.5 billion (down from $11.7 billion)
- Companies: $30 billion (up from $26 billion)
The RAM worth 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 buyers. Nonetheless, he mentioned 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 complete firm income to develop by 13 to 16 % year-over-year–in Q2 2025, Apple reported income of $95.4 billion. Apple’s estimates embody issues for “constrained iPhone provide throughout the quarter,” mentioned CFO Kevan Parekh. Apple additionally expects Companies income to proceed to develop on the fee skilled within the first quarter, so roughly 10-15 %.