Apple Reports Record Quarter Driven By iPhone

Apple on Jan. 29, 2026 reports a record December-quarter with $143.8 billion in revenue, up 16% year-over-year and iPhone revenue of $85.3 billion, up 23%. Services reached $30 billion (up 14%), Mac $8.4 billion, iPad $8.6 billion, and Wearables $11.5 billion; Apple highlights over 2.5 billion active devices and a Google collaboration to develop next-generation Apple Foundation Models to power Apple Intelligence and Siri.
Key Points
- 1Reports $143.8B revenue, 16% year-over-year growth, iPhone revenue $85.3B up 23%.
- 2Highlights Services reaching $30B and 14% growth, signaling stronger recurring revenue mix.
- 3Announces Google collaboration on Apple Foundation Models to power Apple Intelligence and personalized Siri.
Scoring Rationale
High commercial and AI relevance with official earnings disclosure; limited technical detail on model specifics.
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