Apple Inc. (AAPL) is set to report its second-quarter fiscal 2026 results on April 30, with expectations of strong iPhone 17 sales contributing to revenue growth. In the first quarter of fiscal 2026, total sales reached $85.27 billion, a 23.3% increase year-over-year, with iPhone sales accounting for 59.3% of net sales.
According to Counterpoint, Apple led the smartphone market with a 21% share in Q1 2026, driven by robust demand for the iPhone 17 and effective supply chain management. The Zacks Consensus Estimate for the forthcoming quarter’s iPhone sales stands at $56.706 billion, reflecting a projected 21.1% year-over-year growth.
In the PC segment, Apple also showed significant growth, with Q1 shipments increasing by 9.1% year-over-year to 6.2 million units. The Zacks Consensus Estimate for fiscal second-quarter Mac sales is set at $8.18 billion, anticipating a 3% growth compared to the previous year.
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