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Apple reports record $85B in iPhone revenue for fiscal Q1 2026

iPhone revenue grew from $69 billion to $85 billion, marking the device's most successful quarter to date.

byAytun Çelebi
January 30, 2026
in Industry
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Apple reported record iPhone sales of $85 billion in its first fiscal quarter, surpassing $69 billion from the prior year, driven by strong demand in China and India, as announced by CEO Tim Cook during Thursday’s earnings call.

The iPhone achieved its best quarter ever, with unprecedented demand leading to all-time revenue records in every geographic segment. CEO Tim Cook stated during the earnings call, “iPhone had its best‑ever quarter driven by unprecedented demand, with all‑time records across every geographic segment.” This performance positioned the iPhone as the standout product in Apple’s overall strong first-quarter results.

Apple’s earnings report details the iPhone revenue at $85 billion for the quarter ended December, reflecting a substantial increase from the $69 billion recorded in the year-ago period. This growth underscores the device’s global appeal and sales momentum.

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In China, sales experienced a significant surge, particularly for the iPhone. Cook noted during the call’s Q&A session that the region set an all-time revenue record for the iPhone. He described it as the “best iPhone quarter in history in Greater China.” This uptick resulted from enthusiasm surrounding the iPhone 17, announced in September, which has demonstrated greater popularity compared to previous iPhone models.

Greater China’s overall sales reached $25.5 billion in the quarter, up from $18.5 billion a year earlier, according to the earnings report. Cook emphasized robust retail performance, stating, “I would tell you that during the quarter, traffic in our stores in China grew by strong double digits year over year.” This indicates heightened consumer engagement across Apple’s physical retail locations in the region.

Cook also pointed to India as a key growth area, where multiple product categories performed exceptionally. The company established a quarterly revenue record in the December quarter, with records set for iPhone sales, Mac sales, and iPad sales, alongside an all-time revenue record for services. Cook called it “a terrific quarter” in a market he identified as “the second largest smartphone market in the world and the fourth largest PC market.”

Beyond these regions, Apple’s earnings report shows sales increases across all geographic areas. In the Americas, revenue rose from $52.6 billion a year ago to $58.5 billion. In Europe, sales climbed from $33.8 billion to $38.1 billion.


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Tags: AppleiPhone

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