Apple Inc. (AAPL) is set to report its first-quarter fiscal 2026 results on January 29, 2024, with expectations of strong iPhone 17 sales contributing to double-digit year-over-year growth. In the fourth quarter of fiscal 2025, iPhone sales accounted for 47.8% of net sales, which increased 6.1% year over year, totaling $49.03 billion. The Zacks Consensus Estimate pegs fiscal Q1 iPhone sales at approximately $78.03 billion, indicating a 13% year-over-year growth.
For the Services segment, which includes Apple TV+, Apple Pay, and Apple Music, revenues are anticipated to reach $30 billion in the first quarter, suggesting around 14% year-over-year growth. In contrast, Mac sales are expected to report modest growth, with a Zacks estimate of $9.07 billion for fiscal Q1, representing a mere 0.9% increase. Conversely, iPad sales are projected to see a 5% year-over-year rise, with estimates at $8.49 billion.
