Apple Inc. (AAPL) Q1 2026 (USD): EPS 2.84 (exp. 2.67), Revenue 143.8bln (exp. 138.36bln)
Newsquawk Staff ·
- iPhone had unprecedented demand for iPhone in quarter.
- Dividend 0.26/shr.
- Wearables, Home and Accessories net sales 11.49bln (exp. 12.04bln).
- Mac net sales 8.39bln (exp. 8.95bln).
- iPad net sales 8.60bln (exp. 8.13bln).
- iPhone net sales 85.27bln (exp. 78.65bln).
- Greater China net sales 25.53bln (exp. 21.32bln).
- Services net sales 30.01bln (exp. 30.07bln).
What it means
Apple has reported a solid Q1 2026 with earnings per share of $2.84, exceeding expectations, alongside strong revenue figures that beat estimates as well. This reflects robust demand, particularly for the iPhone, indicating healthier consumer sentiment and strong performance in Greater China, while services and accessories showed mixed results. The overall positive earnings could boost investor confidence and influence sentiment across the tech sector and broader markets.
Sources
- US Midterms Cheat Sheet for Traders
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources
- Israeli PM Netanyahu was reportedly the one who proposed to US President Trump the ending of financial aid to Israel, N13 reports citing sources
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus
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