Apple reports Q1 revenue up 16% YoY to $143.76B, vs. $138.48B est., net income up 16% YoY to $42.1B, and EPS of $2.84, above $2.67 est.

Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.

CNBC 2026-01-30 Kif Leswing

Discussion

@neilcybart Neil Cybart on x
Tim Cook: The way to think about the Apple/Goole Gemini partnership is that we will be collaborating with each other for more personal Siri. Apple will of course continue to do other (intelligence) things on our own.
@mweinbach Max Weinbach on x
Apple's earnings are incredibly Revenue $143.8B (+16% YoY) and EPS $2.84 (+19% YoY), both all-time records for Apple. Net income $42.1B and gross margin ~$69.2B (about 48%). iPhone revenue $85.3B (best-ever iPhone quarter; roughly +23% YoY).
@markgurman Mark Gurman on x
Apple Sales Crush Estimates in Record Quarter for the iPhone https://www.bloomberg.com/...
@benbajarin Ben Bajarin on x
Lots of quarterly records for $aapl and active installed base grows again 2.5b +(surprise to no one).
@neilcybart Neil Cybart on x
Apple earnings are out. Strong results. Revenue: $143.8 billion (up 16%) My estimate: $139.4B (up 12%) Consensus: $138.5B EPS: $2.84 (up 19%) My estimate: $2.77 (up 15%) Consensus: $2.67
@rolfewinkler Rolfe Winkler on x
Apple CFO Kevan Parekh put Apple's huge sales figure in perspective for me by noting that for ALL of fiscal 2025 the company grew revenue $25 billion. This quarter alone revenue was up $20 billion. Lots of upgrades to the iPhone 17.
@munster_gene Gene Munster on x
$AAPL is flat in after-hours because we are waiting on the guide. The goodness around just reported revenue and gross margin (reported 48.2% vs. 47.5% estimate) could be reversed. My sense is revenue guide will be positive. The Street is at 10% yy growth in March and they just…
@susanlitv Susan Li on x
BIGGEST APPLE SALES JUMP IN MORE THAN 4 YEARS, RECORD iPHONE QUARTER OVER THE HOLIDAYS Rev JUMPED ⬆️ 16% to $143.8B, est $138.4B Profit JUMPED ⬆️ 19% to EPS $2.84, est $2.67 Spoke to Apple CEO Tim Cook who told me the quarter was “staggering” powered by iphone 17 Demand Record Ch…
@tomwarren Tom Warren on x
Apple just had a massive iPhone holiday quarter: 📱 iPhone revenue up 23% 💻 Mac revenue down 7% 📑 iPad revenue up 6% ⌚ wearable revenue down 2% ☁️ services revenue up 14% $143.8 billion in revenue overall, up 16% YoY [image]
@greengart Avi Greengart on x
$AAPL Apple hit new corporate revenue and profit records, thanks to soaring sales of iPhones everywhere globally. The iPhone 17 is a much stronger value than recent past base model iPhones, and camera and battery improvements helped the iPhone 17 Pros. Even without Apple [image]
@thetranscript_ @thetranscript_ on x
$AAPL CEO @tim_cook was asked how they came to choose Google as an AI & Siri partner: “We basically determined that Google's AI technology would provide the most capable foundation for us, alongside our Apple Foundation Models. We believe we can unlock a lot of experiences and i…
@zerohedge @zerohedge on x
In a quarter when Apple's US sales actually missed estimates, and when trade war between China and US hit unseen levels, the Chinese rediscovered a heretofore unknown love for the exact same product they shunned for the 3 previous years.
@fjeronimo Francisco Jeronimo on x
🚨 Another MONSTER quarter from Apple: 📌 $143.8 billion, up 16% YoY 📌Best-ever quarter for the iPhone - $85.3 billion, up 23% 📌Mac down 6.7% YoY 📌iPad up 6.3% YoY 📌Wearables, Home and Accessories down 2.2% YoY 📌All-time revenue record for Services, up 14% YoY [image]
@mweinbach Max Weinbach on x
Tim Cook on iPhone in China: Greater China also grew 38% year over year, driven by iPhone, which had record upgraders and double digit growth on switchers. Double digit growth on switchers is a huge deal, and not good for Android brands
@thetranscript_ @thetranscript_ on x
$AAPL CEO was asked if they have reserved enough AI capacity to meet demand esp for widespread Siri adoption, given they haven't ramped CapEx like other hyperscalers: “In terms of do we have enough capacity, It's hard to estimate with precision what the demand will be, but we've …
@rolfewinkler Rolfe Winkler on x
Apple shares up just 1% after blowout sales. Investors likely waiting for commentary about spiking prices for components (DRAM, NAND, etc) and how that will impact margins.
@neilcybart Neil Cybart on x
Apple FY1Q26 revenue was up 16%. Not bad for a company that the tech press claimed was no longer a growth company.
@zerohedge @zerohedge on x
Something very fishy about Apple's China numbers [image]
@zerohedge @zerohedge on x
Apple Rises After Shocking China Sales Beat Offsets US Revenue Miss https://www.zerohedge.com/...
@zerohedge @zerohedge on x
TIM COOK SAYS IPHONE DEMAND WAS “SIMPLY STAGGERING” TOWARD THE END OF 2025 right.... at a couple of bonded warehouses in Hong Kong
@munster_gene Gene Munster on x
Holy China. $AAPL up 4% on earnings. China was up 38%. Street was thinking it would be flat to up slightly. Last quarter it was down 4%, and down on average 5% over the past two years. The $25.6B in China revenue essentially ties its all time high at $25.8B in Dec of 2021.
@munster_gene Gene Munster on x
$AAPL active devices up 6.4% year over year. The last datapoint we had was a year ago, and that was up 6.8%. Apple's flywheel is alive and well.
@teroterotero Tero Kuittinen on x
Woah massive iPhone sales in China. Apple really did figure out how to keep it going with minimal product innovation.
@fjeronimo Francisco Jeronimo on x
“It really comes down to the reception of the product line-up . . . the iPhone 17 family has seen a huge amount of enthusiasm, and that's really the driver of performance.” @Apple Chief Financial Officer Kevan Parekh [image]
@lorak Lora Kolodny on bluesky
Apple iPhone demand been goin crazy... www.cnbc.com/2026/01/29/a... by Kif Leswing @cnbc.com
r/wallstreetbets r on reddit
Apple sales surge 16% on ‘staggering’ iPhone demand
r/technology r on reddit
Apple sales surge 16% on ‘staggering’ iPhone demand
@munster_gene Gene Munster on x
My math suggests they beat iPhone estimates outside of China. * iPhone China likely grew at 38%. * That means that iPhone outside of China grew at 17% vs. the Street up 13%. $AAPL
@mweinbach Max Weinbach on x
Tim Cook said Mac Install base hit all time high Half of sales were to customers new to Mac
@vadimyuryev Vadim Yuryev on x
Looks like that $750 M4 MacBook Air and $500 M4 Mac mini are doing WORK!
@markgurman Mark Gurman on x
Massive Apple revenue beat: $144 billion in overall revenue, $85 billion in iPhone revenue, $25.5 billion China revenue and $30 billion in services revenue. Tim Cook gets to keep his job!
@mweinbach Max Weinbach on x
M5 Apple Silicon is seeing some pickup for on-device AI: “AstraZeneca is rolling out over 5000 M5 powered iPad pros to its pharmaceutical sales team to take advantage of AI capabilities, including Apple intelligence, while meeting with clinicians daily.” - Kevan Parekh
@mweinbach Max Weinbach on x
Even with more competitive iPhone and MacBook Air prices, Apple's products gross margin was up to 40.7%, 450 basis points sequentially. This is from a favorable mix and leverage.
@mweinbach Max Weinbach on x
Apple earnings: According to a recent survey from World Panel, iPhone was the top selling model in the US, Urban China, the UK, Australia and Japan.
@mweinbach Max Weinbach on x
Tim Cook: “Apple has sourced 20 billion US chips in 2025”
@patrickmoorhead Patrick Moorhead on x
It's been a while since I have seen Apple publicly acknowledge that they're not entirely sure what they're going to do about an issue. There are a lot of options related to cost: -squeeze other vendors in the ecosystem -raise price -defeature -quality (won't change) -supply hub …
@mweinbach Max Weinbach on x
After the Apple earnings call I think what Gurman was saying about M6 being soon makes a lot of sense Here's a quick video because I didn't want to type it [Because of the shortages on N3 node, and M6 being pulled forward and made on N2 in the second part of this year]
@neilcybart Neil Cybart on x
Apple just reported very strong guidance for 2Q26. I had some of the highest numbers out there and Apple will exceed them. Wow.
@munster_gene Gene Munster on x
$AAPL guides up for March on revenue and margins and stock is still up only about 1%. Expects revenue growth of 13-16% vs. Street at 10% Gross Margins of 48-49%, vs. Dec at 48.2%. This is inline with typically margins improve from Dec to Mar.
@firstadopter Tae Kim on x
Analyst asks Tim Cook if Apple is considering raising prices as part of his “range of options” to deal with rising memory prices. Tim Cook: “I wouldn't want to speculate on that one” My dude, you don't have to speculate. You are the boss!
@mweinbach Max Weinbach on x
Tim Cook is saying the 3nm node is gating the Q2 supply, and that's directly related to the Q1 demand being so high This explains why M5 Pro/Max are later than we expected
@thetranscript_ @thetranscript_ on x
$AAPL CEO @tim_cook was non-committal on specific strategies to offset rising memory costs, citing a range of options. “It's a range. And so I don't want to get more specific than that. I mean, there are different levers that we can push, and who knows how successful they'll be.
@waltlightshed Walter Piecyk on x
How does iPhone beat that much and services doesn't beat at all? They allocate a portion of every iPhone purchase into the services line to account for free services like iMessage. 🤔 $AAPL

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Apple reports Q1 revenue up 16% YoY to $143.76B, vs. $138.48B est., net income up 16% YoY to $42.1B, and EPS of $2.84, above $2.67 est.

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