The tech giant reported profit of US$42.1 billion on revenue of US$143.8 billion in the recently-ended quarter.

Sharp recovery is a 'most surprising result' amid 'aggressive competition from domestic brands like Huawei', IDC analyst says China has emerged as the brightest spot in Apple's quarterly earnings, as the US tech giant achieved record iPhone revenue in the world's largest smartphone market.

Apple just crushed it, hitting their best quarter ever with a massive $143.8 billion in revenue. The star of the show was the iPhone, with sales jumping an incredible 23%. On top of that, their services business also hit an all-time high,

Ahead of Apple announcing its latest earnings, CEO Tim Cook has revealed that Apple did not quite expect the iPhone 17 range to do as well as it has in China.

Tim Cook. Apple has recorded sales increase in the first quarter of 2026, driven by unprecedented demand for iPhone and a

Apple Inc. enjoyed a sharp rebound in China during the holiday period, when demand for the new iPhone 17 fueled its first $25 billion quarter in the region since the end of 2021.

Add Yahoo as a preferred source to see more of our stories on Google. Apple CEO Tim Cook poses on the red carpet at the 77th Primetime Emmy Awards in Los Angeles, California, U.S., September 14, 2025. REUTERS/David Swanson BEIJING (Reuters) -China's ...

Apple CEO Tim Cook acknowledged that the global memory chip shortage is hitting the company, saying he expects to see an impact in the current quarter and beyond. The company is projecting Q2 margins between 48% and 49%,