Apple(US:AAPL) Sou Hu Cai Jing·2026-01-30 02:15Core Insights - Apple reported record-breaking financial performance for Q1 FY2026, with revenue reaching $143.8 billion, a 16% year-over-year increase, significantly exceeding expectations [1][3] - The iPhone business achieved its best quarterly performance ever, driven by unprecedented market demand, with revenue of $85.3 billion, a substantial 23% increase [7] - CEO Tim Cook indicated that rising memory prices are expected to impact profit margins in Q2 [1][10] Financial Performance - Total revenue for the quarter was $143.8 billion, up 16% from $124.3 billion in the same quarter last year [3][6] - Net profit reached $42.1 billion, a 15.9% increase year-over-year, with diluted earnings per share at $2.84, up 18.3% [3][6] - Gross margin for the quarter was $69.2 billion, reflecting strong sales performance [6] Business Segment Analysis - iPhone revenue accounted for $85.3 billion, representing 59.3% of total revenue, with a year-over-year growth of 23% [7] - iPad revenue was $8.6 billion, a 6.3% increase, while Mac revenue declined by 6.7% to $8.39 billion [7] - Wearables, home, and accessories revenue was $11.49 billion, down 2.2% [7] Regional Performance - Greater China saw a remarkable 38% revenue growth, reaching $25.53 billion, driven by strong sales of the iPhone 17 series [8] - The Americas, Europe, and Japan experienced revenue growth of 11%, 13%, and 5%, respectively, indicating a significant disparity compared to Greater China [9] Supply Chain and Cost Management - Tim Cook noted that the company is facing tight inventory levels due to high demand for the latest iPhone series [10] - Rising prices of memory chips and storage chips are anticipated to have a more significant impact on gross margins in the current quarter [11] - The company is considering various options to mitigate cost pressures, including supply chain optimization and product pricing strategy adjustments [12]