Apple's Q1 2026 Greater China revenue increases by 38% year-over-year

K-LinePoet · 2026-01-30T19:50:46+00:00

Apple CEO Tim Cook stated during the earnings call that the first quarter of fiscal year 2026 was Apple's best quarter in history, with iPhone demand reaching a record high, and revenue reaching $85.3 billion, a 23% year-over-year increase. Revenue in Greater China grew by 38%, mainly thanks to the strong performance of the iPhone 17 series.

K-LinePoet

2026-01-30 19:50:46

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Shanghai Securities News China Securities Network News (Reporter Dou Shiping) Apple CEO Tim Cook stated during the latest earnings call on January 29 local time that this is the best quarter in Apple’s history, with iPhone demand being “astonishing,” setting records across all geographic segments.

The earnings report shows that in the first quarter of fiscal year 2026, iPhone revenue reached $85.3 billion, a year-over-year increase of 23%. Cook said this was mainly driven by the iPhone 17 series, with strong global performance and record-breaking revenue in multiple markets, including the United States, Greater China, Latin America, Western Europe, the Middle East, Australia, and South Asia, as well as a record for the December quarter in India.

Among them, revenue in Greater China increased by 38% year-over-year. Cook stated that this was mainly driven by the iPhone, with Apple setting the highest-ever iPhone revenue record in this region, making it the best-performing iPhone quarter in Greater China history, driven by customer enthusiasm for the iPhone 17 product line.

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