US EditionApple Earnings Soar as China iPhone Sales Surge
Apple’s iPhone sales reached $85 billion in the quarter, driven by strong demand for the iPhone 17 and significant growth in China and India, CEO Tim Cook said.
- On Thursday, Apple reported iPhone sales of $85.2 billion in the recently-ended quarter, alongside profit of $42.1 billion on revenue of $143.8 billion.
- Cook said the sales bump was driven by enthusiasm for the iPhone 17, announced in September, and Greater China revenue rose from $18.5 billion to $25.5 billion year-over-year.
- Regional figures show Apple's services revenue hit a new quarterly high of $30 billion, with sales in the Americas rising to $58.5 billion and in Europe to $38.1 billion.
- Shares in Apple rose slightly more than one percent in after-market trades as Apple and Google earlier this month announced a multi-year partnership to power Siri with Google's technology.
- Apple Inc. is perceived to have stumbled in AI rollout efforts, and analyst Jacob Bourne said `All eyes will be on how Apple makes the most of its freshly announced partnership with Google to use Gemini artificial intelligence in its devices.
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62 Articles
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SAN FRANCISCO >> Apple reported record quarterly sales of the iPhone, thanks to new, higher-priced models, which enticed holiday shoppers and helped drive a rebound for the brand in China, the largest smartphone market in the world.
Apple's iPhone business just set an all-time record with $85 billion in sales
Net income climbed to $42.1 billion with earnings per share of $2.84, which is up 19 percent year-over-year. Shareholders will also be happy to learn that Apple declared a cash dividend of $0.26 per share of common stock that will be payable on February 12.Read Entire Article
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'Best iPhone Quarter In History': Tim Cook Says Apple's China Revenue Soared 38% On iPhone 17 Demand - Apple (NASDAQ:AAPL)
On Thursday, Apple Inc. (NASDAQ:AAPL) reported a 38% year-over-year surge in revenue from Greater China for the first quarter of fiscal 2026, fueled by record-breaking iPhone sales and strong customer engagement. iPhone 17 Powers Record Quarter In China During the earnings call, Apple CEO Tim Cook said the December quarter marked "the best iPhone quarter in history in Greater China," driven by strong consumer enthusiasm for the flagship iPhone 1…
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