Apple Achieves Historic Success in First Quarter: iPhone Sales Reach All-Time Record

Staff Report: PNN

Tech giant Apple exceeded expectations in the first quarter (Q1) of the 2026 fiscal year, especially in iPhone sales, achieving the best quarterly performance ever, with China and India playing major roles.

On Thursday, following the release of the earnings report, Apple CEO Tim Cook stated during an earnings call that iPhone sales have reached an all-time high across all regions. He said, “Due to unprecedented demand, this was the best iPhone quarter ever. We set new records in every geographic region.”

According to Apple’s report, the company earned nearly $85 billion from iPhone sales this quarter, a significant increase from $69 billion in the same period last year.

During the Q&A, Cook noted that iPhone sales in China exceeded expectations. He said that iPhone revenue from Greater China reached an all-time quarterly high, driven primarily by consumer demand for the recently launched iPhone 17 model in September.

Statistics show that Apple’s total sales in Greater China increased from $18.5 billion to $25.5 billion year-on-year. Cook also mentioned that customer footfall in Apple stores in China has doubled compared to last year.

Cook expressed optimism about the Indian market as well, noting that Apple achieved a new quarterly revenue record there in December. Not only iPhones but also Macs, iPads, and services recorded all-time high revenues. He referred to India, the world’s second-largest smartphone market and fourth-largest PC market, as an example of “a remarkable quarter.”

Apple’s overall global sales also increased. In the U.S., sales rose to $58.5 billion from $52.6 billion the previous year. In Europe, sales reached $38.1 billion, up from $33.8 billion in the same quarter last year.

Overall, analysts consider Apple’s strong iPhone sales and increased international demand a highly successful first quarter.