Apple Earnings Highlight Growth
Apple (NASDAQ: AAPL) reported a significant earnings surge for the 2026 fiscal first quarter, which ended on December 27, showcasing a 16% increase in total revenue and a 23% rise in iPhone sales. The company also added 150 million new active devices, boosting its total active device count from 2.35 billion to 2.5 billion. Management indicated that demand for iPhones was constrained by supply, suggesting potential for even higher sales growth in the upcoming quarter.
As part of its strategy, Apple continues to expand its ecosystem of products and services, including new offerings like AirPods and Apple Watch, alongside subscription services such as Apple TV and Apple Fitness+. These efforts aim to enhance user engagement and monetization of its extensive user base.
