Apple, one of the world's largest technology companies, has released its financial report for the first quarter of the 2026 fiscal year, showcasing unprecedented growth. According to the Operative Information Center-OMM, citing foreign media, the company's total net sales rose by 16 percent compared to the same period last year, reaching $143.8 billion.
The financial data indicates a significant leap from the previous year, when the company reported $124.3 billion in revenue for the corresponding quarter. The company's net profit also saw a substantial increase, rising from $36.3 billion to $42.1 billion. This translates to earnings per share increasing from $2.4 to $2.84.
During the reporting period, sales performance across various product categories was distributed as follows:
- iPhone sales: Increased by 23 percent year-on-year to reach $85.3 billion, exceeding market expectations.
- iPad sales: Totaled $8.6 billion, representing a 6 percent growth.
- Mac sales: Declined by 7 percent, falling to $8.4 billion.
Analysts note that both the total revenue and earnings per share achieved by Apple were higher than projected figures. This growth is primarily attributed to the high demand for new-generation iPhone models. As a global leader in consumer electronics and software services, Apple's financial health is often viewed as a bellwether for the broader tech industry and global consumer spending trends. The company continues to expand its ecosystem, balancing hardware sales with a growing portfolio of digital services to maintain its market dominance.
