Apple’s New iPhone Propels Earnings Past Expectations
Apple’s New iPhone Propels Earnings Past Expectations
https://www.imdb.com/de/news/ni65682800/?ref_u003dnwc_art_perm
Publish Date: 2026-01-29 17:30:00
Source Domain: www.imdb.com
Apple posted fiscal first-quarter earnings and revenue that well exceeded Wall Street expectations, with both revenue and net income rising 16%, thanks to sales from its newest iPhone.
Apple’s earnings per share blew past the $2.67 expected by analysts surveyed by Yahoo Finance to reach $2.84, up 18.3% from last year. The company saw growth across the board, with revenue reaching $143.76 billion — well above the $138.52 billion projected by analysts — while net income hit $42.10 billion. Sales for iPhones, which debuted its latest model in September, reached $85.26 billion, rising 23.32% over last year’s sales, which $69.14 billion a year ago.
On Thursday’s earnings call, CEO Tim Cook called the demand for the new iPhone 17 was “simply staggering,…
