On January 29 (local time), Apple unveiled its financial performance for the first quarter of fiscal year 2026, which concluded on December 27, 2025. The tech giant reported a remarkable revenue of $143.76 billion, marking a substantial 16% year-on-year growth and comfortably outpacing market forecasts.

Key highlights from the report include:

• iPhone revenue soared to $85.27 billion, a notable 23% increase compared to the same period last year.
• iPad revenue climbed to $8.6 billion, reflecting a 6% year-on-year uptick.
• Revenue from Greater China surged to $25.53 billion, a staggering 38% rise year-on-year, exceeding all expectations.

However, not all segments fared equally well:

• Mac revenue experienced a 6.7% year-on-year decline, settling at $8.39 billion.
• Revenue from wearables, home, and accessories dipped by 2.2% year-on-year, reaching $11.49 billion, falling short of analysts' projections.

Earnings per share (EPS) stood at $2.84, representing a robust 19% year-on-year increase and outperforming both the corresponding period of the previous year and market estimates.

Apple's cash and cash equivalents surged by 50% year-on-year to $45.32 billion, though this figure still fell below analysts' expectations.

Following the earnings announcement, Apple's stock price experienced a significant uptick, jumping over 3% in after-hours trading.