Apple CEO Tim Cook gestures as he departs after a business leaders reception with the US President on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026.
Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.
Shares of the company were up as much as 3% in extended trading.
Here are the results versus what Wall Street was expecting according to LSEG consensus estimates for the quarter ending in December:
EPS: $2.84 vs. $2.67 estimated
$2.84 vs. $2.67 estimated Revenue: $143.76 billion vs. $138.48 billion estimated
Here is how Apple's major product lines did versus LSEG consensus estimates:
iPhone revenue: $85.27 billion vs. $78.65 billion estimated
$85.27 billion vs. $78.65 billion estimated Mac revenue: $8.39 billion vs. $8.95 billion estimated
$8.39 billion vs. $8.95 billion estimated iPad revenue: $8.60 billion vs. $8.13 billion estimated
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