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Apple posts record $143.8B Q1 revenue, expects strong Q2 growth amid robust iPhone demand

Company Fundamentals
09 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Apple Inc. reported a record fiscal Q1 revenue of $143.8 billion, up 15.65% year-over-year, with earnings per share beating expectations by nearly 6%. The company anticipates continued strong momentum in Q2, driven by high iPhone demand in China and India despite supply chain and chip cost challenges. Management projects Q2 revenue growth of 13%-16% year-over-year, with gross margins between 48-49%. Analysts remain bullish on Apple stock due to effective execution, marketing, tariff relief, and manufacturing incentives.

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