Apple(US:AAPL) Jin Rong Jie·2026-01-30 06:24Core Insights - Apple reported record revenue of $143.8 billion for Q1 of fiscal year 2026, a 16% year-over-year increase, with diluted earnings per share (EPS) of $2.84, up 19% [1][4] - CEO Tim Cook highlighted unprecedented demand for iPhones, leading to the best quarter ever for the product across all regions [1][2] Revenue Breakdown - iPhone revenue reached $85.269 billion, a 23% increase year-over-year, marking a historical high [2] - Services revenue was $30.013 billion, up 14% year-over-year, also a record [2] - iPad revenue was approximately $8.595 billion, a 6% increase [2] - Mac revenue was $8.386 billion, down about 7% [2] - Wearables, Home, and Accessories revenue was $11.493 billion, down about 2% [2] - Greater China saw significant growth, with revenue of $25.526 billion, a 38% increase year-over-year [2] Profitability and Cash Flow - Gross margin for the quarter was 48.2%, up from 46.9% year-over-year, with product gross margin at 40.7% and services gross margin at 76.5% [3] - Operating cash flow was approximately $53.9 billion, with nearly $32 billion returned to shareholders through stock buybacks and cash dividends [3] - A cash dividend of $0.26 per share was announced, payable on February 12, 2026 [3] Future Outlook - Apple did not provide formal guidance for the next quarter but emphasized a strong foundation for long-term growth based on user base, service growth, and product satisfaction [4] - The company achieved record results across multiple metrics, making it the largest single fiscal quarter in its history [4]