economy

January 29, 2026

Apple sales surge 16% on ‘staggering’ iPhone demand

Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.

Apple sales surge 16% on ‘staggering’ iPhone demand

TL;DR

  • Apple reported fiscal first-quarter earnings that surpassed expectations.
  • Revenue saw a 16% increase on an annual basis.

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