Apple has delivered a standout financial performance in its fiscal first quarter of 2026, reporting record revenue and strong iPhone demand that surpassed Wall Street expectations.
For the quarter ended December 27, 2025, Apple posted $143.8 billion in revenue, up 16 % year-over-year, and diluted earnings per share of $2.84, marking one of its strongest starts to a fiscal year.
iPhone Leads the Charge
The company’s flagship product, the iPhone, was the single largest driver of growth, generating approximately $85.3 billion in revenue; a 23 % increase from the prior year and the best quarter ever for iPhone sales.
CEO Tim Cook highlighted that demand was “unprecedented” across regions, with both China and India playing a key role in the rebound.
Rebound in China and India
Apple’s performance in Greater China was particularly notable, with sales jumping sharply compared with the same quarter last year when the region had posed a challenge for the company.
Meanwhile, India continued its momentum as a rapidly growing market for iPhone and other Apple products, with the quarter delivering record revenue in the country, underscoring its rising importance in Apple’s global strategy.
Other Segments and Outlook
Beyond the iPhone, Apple’s Services division also hit new highs, contributing around $30 billion in revenue and expanding its role as a major earnings pillar.
While Mac and wearable device sales saw more mixed results, Apple’s overall performance reflects broad geographic strength, and the company forecasted continued revenue growth heading into its next quarter.
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