""Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment," Cook said in prepared remarks."
""iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup. During the quarter, Services achieved yet another all-time record...""
""That included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo, which is captivating customers all around the world.""
In the first quarter of 2026, Apple achieved significant financial success, reporting $111.2 billion in revenue, a 17% increase year over year. Net income reached $29.58 billion, translating to earnings per share of $2.01, surpassing analyst expectations. iPhone sales surged 22% to an all-time high of $57.99 billion. The Services segment also performed well, growing 16.3% to $30.98 billion. Tim Cook announced his transition to executive chairman, with John Ternus set to become the new CEO in September 2026.
Read at Variety
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