At a Glance · AI-generated

Apple reported record first-quarter 2026 earnings on January 29, posting $143.8 billion in revenue and $42.1 billion in profit, driven by unprecedented iPhone sales and surging demand in China. CEO Tim Cook described iPhone demand as "simply staggering" through late 2025, with the iPhone 17 leading Apple's resurgence in the Chinese market—the company's strongest quarter there in four years. The company now operates 2.5 billion active devices worldwide. Wall Street responded positively, with Apple stock gaining 3% by February 2 on analyst upgrades citing the company's long-term growth trajectory.