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Apple sees biggest sales jump in 4 years, powered by 'staggering' iPhone demand
Fox Business· 2026-01-29 22:06
Group 1 - Apple's iPhone 17 saw a significant sales increase of nearly 25% during the holiday period, contributing to a record revenue of $143.8 billion in the fiscal first quarter, which is a 16% increase year-over-year [1] - The revenue growth was particularly strong in North America and China, where Apple had previously lost market share to local competitors [1] - CEO Tim Cook described the sales results as "staggering" and indicated that the company is open to acquisitions in the AI sector, without being tied to a specific company size [4][5] Group 2 - Apple continues to face a 10% tariff on products shipped from China, with costs aligning with the company's guidance of $1.4 billion for the quarter [4] - The company announced the acquisition of Israeli AI audio company Q.ai, which Cook believes will provide significant benefits [5] - Cook confirmed that Apple's AI assistant, Siri, will be powered by Google's Gemini, indicating a collaborative approach rather than a competitive stance against OpenAI [9] Group 3 - In the context of AI spending, Cook noted that Apple is investing significantly, although he did not disclose specific figures [6] - There are reports suggesting that Cook may be considering stepping back from his leadership role, but he emphasized the importance of ensuring a strong succession plan within the company [8]
Tech Selloff Hits Hard – Silver Swings Wild, Gold Holds
Ulli... The ETF Bully· 2026-01-29 21:58
[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe major indexes opened sharply lower, dragged down hard by Microsoft after its latest earnings miss.The stock tanked 11%—its worst day since March 2020—on slower cloud growth and soft margin guidance for the next quarter.That sparked fresh worries that AI might disrupt even Microsoft’s core business model, so software names got hit too: ServiceNow dropped 12% (even after beating estimates), Oracle fell 5%, and Salesforc ...
Apple Cash Return Surpasses $1 Trillion
Barrons· 2026-01-29 21:58
Apple Cash Return Surpasses $1 TrillionCONCLUDED[Apple Earnings Beat Estimates. iPhone Has 'Best-Ever Quarter.']Last Updated:---19 hours ago# Apple Cash Return Surpasses $1 TrillionApple spent $29 billion on dividends and share buybacks in its latest quarter, pushing the all-time tally on Apple's cash return program past $1 trillion.When Tim Cook became Apple CEO in 2011, Steve Jobs left him with a problem: the company had too much cash and no debt. There was $76 billion on the balance sheet, a number that ...
Apple's iPhone sales surge to new quarterly high despite early missteps in artificial intelligence
Yahoo Finance· 2026-01-29 21:57
Apple’s iPhone sales soared to a new quarterly record during the holiday season, despite artificial intelligence blunders that prompted the technology trendsetter to get a helping hand from Google. The October-December results announced Thursday reflect the allegiance of Apple’s fans, who eagerly snapped up the latest iPhone 17 models even though the company still hasn’t delivered on its 2024 promise to smarten up the device’s Siri assistance with AI. Apple tried to offset its AI miscues with a new “liqu ...
Apple Blows Past Q1 Earnings Estimates On 'Unprecedented' iPhone Demand, Active Installed Base Crosses 2.5 Billion
Benzinga· 2026-01-29 21:50
Apple Inc (NASDAQ:AAPL) reported financial results for the first quarter of fiscal 2026 after the market close on Thursday. Here’s a look at the key details from the report. Apple stock is trading near recent highs. What’s ahead for AAPL stock?Apple Smashes Analyst Estimates In Q1Apple reported fiscal first-quarter revenue of $143.76 billion, beating analyst estimates of $138.42 billion. The iPhone maker reported earnings of $2.84 per share for the first quarter, beating analyst estimates of $2.66 per share ...
Apple stock is a raging buy after Q1 earnings – find out more
Invezz· 2026-01-29 21:50
Apple Inc (NASDAQ: AAPL) may have been a laggard in artificial intelligence (AI) roll outs, but its Q1 earnings confirm it continues to lead in consumer technology and loyalty. On Thursday, the multin... ...
EARNINGS ALERT: AAPL
Youtube· 2026-01-29 21:49
on Close. I'm Marley Kayden here in Chicago alongside Sam Bodies in New York. We are about to get Apple's earnings. I want to bring George Tillis in to join us before we get these earnings here.We've been talking about them all day. They should be coming upon us here in just seconds. But some interesting observations while we wait for them to come across the wire here.Apple has beaten on estimates in each of the last 12 quarters, but five quarters in a row they've traded lower post earnings despite beating. ...
Apple posts record quarter on soaring iPhone sales
Proactiveinvestors NA· 2026-01-29 21:44
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Apple Says IPhone Sales Set Record In Holiday 2025 Quarter, 2.5B Devices Now In Use Worldwide
Deadline· 2026-01-29 21:42
Core Insights - Apple achieved a record for iPhone sales in Q4 2025, with an installed base of 2.5 billion devices [1][2] - Total revenue for the fiscal first quarter reached $143.8 billion, benefiting from the holiday season [1] - Products revenue, primarily driven by the iPhone, amounted to $113.7 billion, while services revenue grew by 14% year-over-year to exceed $30 billion [2] Revenue Breakdown - Total revenue for the period ended December 31 was $143.8 billion [1] - Products revenue, led by the iPhone, accounted for approximately half of the total revenue at $113.7 billion [2] - Services revenue, which includes offerings like the App Store and cloud services, increased to over $30 billion, reflecting a 14% growth compared to the previous year [2] Customer Satisfaction - CEO Tim Cook highlighted the new installed base milestone as evidence of exceptional customer satisfaction [2]