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Apple Posts Record Q1 2026 Revenue as iPhone 17 Sales Power Growth

The Cupertino iPhone maker has managed to earn a whopping Rs 13.22 trillion Q1 2026 revenue, the best for the brand yet

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iPhone 17 Pro Max

Image Credit: Enkhtulga Khandsuren/ Shutterstock

Summary

  • Apple has posted $143.7 billion in revenue in the first quarter of 2026.
  • A major chunk of this earning comes from iPhone 17 sales amounting to $85.27 billion.
  • Apple CEO Tim Cook confirmed that the brand has now close to 2.5 billion active devices as of January 2026.

Ever since the iPhone 17 series went official in September 2025, it has been logging roaring success across countries and continents. Now, the official Apple Q1 2026 Earnings Call has cemented that fact, with iPhones being the major contributor to Apple's first-quarter revenue this year.

Apple's best fiscal quarter comes from iPhones

In an official Apple Newsroom report, the Cupertino brand has confirmed that its revenue has reached an all-time high in Q1 2026, thanks to Apple iPhones and services. The brand has posted record iPhone revenue of $85.27 billion (approximately Rs 7.16 trillion). As suspected, a major contributor to this factor has been the recent iPhone 17 sales.

iPhone 17
Image Credit: Beebom Gadgets
iPhone 17
Image Credit: Beebom Gadgets

Apple CEO Tim Cook has confirmed that the demand for iPhones has been unprecedented across geographies and regions. This has led Apple to post Q1 fiscal quarter revenue of $143.8 billion (approximately Rs 13.22 trillion).

This is an increase of 16% compared to the Q1 2025 earnings. In terms of profits, the company reported a net profit of $42.09 billion (approximately Rs 3.49 trillion). It marks a huge success for Apple, a clear indication that the upgrades to the iPhone 17 are paying off big time.

That said, even though the iPhone sales stole the show, Apple's other categories like MacBooks, iPads, wearables and services also stood tall and contributed to the overall Q1 2026 growth. With the iPhone Fold and iPhone 18 lineup coming later this year, it remains to be seen how well Apple maintains ita growth momentum.

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Source

Apple Newsroom

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