Variety
·entertainment
·1 hour ago
Apple beats revenue expectations as iPhone 17 sales surge twenty-two percent
Apple reported first-quarter fiscal 2026 revenue of $111.2 billion, beating expectations of $109.7 billion, with Services hitting a record $31 billion. iPhone sales surged 22% to $57.99 billion, driven by demand for the iPhone 17 lineup. Tim Cook will transition to executive chairman September 1, with hardware engineering chief John Ternus becoming.
Summary by Glance · Variety
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