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Apple Reports Record iPhone Sales Amid Holiday Bump
Nytimes· 2026-01-29 21:37
Core Insights - New phone designs and strong holiday spending have positively impacted iPhone sales and revenue growth [1] Group 1 - The introduction of new phone designs has contributed to increased iPhone sales during the quarter [1] - Robust holiday spending has further boosted revenue for the company [1]
Apple GAAP EPS of $2.84 beats by $0.17, revenue of $143.76B beats by $5.24B (NASDAQ:AAPL)
Seeking Alpha· 2026-01-29 21:32
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Apple sales, profit beat Wall Street estimates amid 'staggering' iPhone demand
Reuters· 2026-01-29 21:31
Apple beat Wall Street estimates for quarterly revenue on Thursday, powered by strong demand for its iPhones and a sharp rebound in China, with CEO Tim Cook telling Reuters that demand for the latest handsets was "staggering." ...
Apple(AAPL) - 2026 Q1 - Quarterly Results
2026-01-29 21:30
Exhibit 99.1 Apple reports first quarter results All-time records for total company revenue and EPS iPhone and Services revenue reach new all-time highs CUPERTINO, CALIFORNIA — Apple today announced financial results for its fiscal 2026 first quarter ended December 27, 2025. The Company posted quarterly revenue of $143.8 billion, up 16 percent year over year. Diluted earnings per share was $2.84, up 19 percent year over year. ® "Today, Apple is proud to report a remarkable, record-breaking quarter, with rev ...
Apple reports first quarter results
Businesswire· 2026-01-29 21:30
Core Insights - Apple reported a record-breaking quarterly revenue of $143.8 billion for Q1 2026, representing a 16% increase year over year, with diluted earnings per share (EPS) rising 19% to $2.84 [1][2] Financial Performance - Total net sales reached $143.8 billion, up from $124.3 billion in the same quarter last year, driven by strong performance in both products and services [9][10] - Product sales amounted to $113.7 billion, a significant increase from $98 billion, while services generated $30 billion, up from $26.3 billion [9][10] - Gross margin for the quarter was $69.2 billion, compared to $58.3 billion in the previous year [9] - Operating income increased to $50.9 billion from $42.8 billion, with net income rising to $42.1 billion from $36.3 billion [9] Segment Performance - iPhone sales reached $85.3 billion, up from $69.1 billion, marking the best-ever quarter for the product [10] - Services revenue also set an all-time record, increasing by 14% year over year [2] Cash Flow and Shareholder Returns - The company generated nearly $54 billion in operating cash flow and returned almost $32 billion to shareholders [2] - A cash dividend of $0.26 per share was declared, payable on February 12, 2026 [2] Active Devices and Market Presence - Apple now has over 2.5 billion active devices, indicating strong customer satisfaction and product adoption [2]
Lighthouse Gold Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2026-01-29 21:30
Vancouver, B.C. – January 29, 2026 – TheNewswire - Lighthouse Gold Inc. ("Company") (CSE: LGHT) is pleased to announce the closing of its non-brokered private placement offering (the “Offering”), as previously disclosed in the Company’s news release dated January 15, 2026 and January 16, 2026. In connection with the Offering, the Company issued 12,200,000 units (the “Units”) at a price of $0.07 per unit, generating aggregate gross proceeds of approximately $854,000. Each Unit will be comprised of one common ...
Apple Posts Blowout IPhone Sales on Surging China Demand
WSJ· 2026-01-29 21:30
The company raced past its already strong forecast, but investors are concerned about how it will contend with higher costs. ...
U.S. Stocks Stage Significant Recovery Attempt After Early Sell-Off
RTTNews· 2026-01-29 21:17
Company Performance - Microsoft shares dropped by 10.0 percent, reaching their lowest closing level in nine months due to slowing cloud computing growth and disappointing third quarter operating margin guidance [2][3] - Meta Platforms saw a significant increase of 10.4 percent after reporting better than expected fourth quarter results and forecasting first quarter revenues above analyst estimates [5] - IBM Corp. shares surged after exceeding expectations on both top and bottom lines in its fourth quarter results [5] Sector Performance - The Dow Jones U.S. Software Index fell by 7.7 percent, marking a nine-month closing low, largely influenced by Microsoft’s decline and a 9.9 percent drop in ServiceNow shares despite its better than expected fourth quarter earnings [5][6] - Airline stocks increased significantly, with the NYSE Arca Airline Index rising by 2.3 percent, contributing to the overall market recovery [7] - Gold stocks experienced continued weakness, as indicated by a 3.8 percent slump in the NYSE Arca Gold Bugs Index, despite a recovery in gold prices [6] Market Overview - The major averages showed a recovery attempt after an early nosedive, with the Dow ending up 55.96 points or 0.1 percent at 49,071.56, while the S&P 500 closed down just 9.02 points or 0.1 percent at 6,969.01 [1] - The tech-heavy Nasdaq ended the day down 172.33 points or 0.7 percent at 23,685.12, having previously tumbled by as much as 2.6 percent [2] - Stock markets in the Asia-Pacific region mostly moved higher, with Japan's Nikkei 225 Index closing marginally higher and China's Shanghai Composite Index edging up by 0.2 percent [8] Economic Indicators - The yield on the benchmark ten-year note fell by 2.4 basis points to 4.227 percent, indicating a recovery in the bond market following previous pullbacks [9] - Upcoming earnings news from Apple may influence trading, with the tech giant set to report its fiscal first quarter results [10]
Apple Acquires Israeli Audio AI Startup Q.ai Before Q4 Earnings
PYMNTS.com· 2026-01-29 19:47
Apple has acquired Q.ai, an Israeli startup focused on artificial intelligence technology for audio, the Financial Times reported on Thursday (Jan. 29), as the company prepares to report fiscal fourth-quarter results later Thursday amid growing scrutiny of its AI strategy.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to ...
Apple buys Israeli startup Q.AI as the AI race heats up
TechCrunch· 2026-01-29 18:58
In Brief Apple, Meta, and Google are locked in a fierce battle to lead the next wave of AI, and they’ve recently increased their focus on hardware. With its latest acquisition of the AI startup Q.AI, Apple aims to gain an edge, particularly in the audio sector.As first reported by Reuters, Apple has acquired Q.AI, an Israeli startup specializing in imaging and machine learning, particularly technologies that enable devices to interpret whispered speech and enhance audio in noisy environments. Apple has bee ...