Apple reported Q1 2026 revenue of $111.18 billion, beating analysts’ $108.92 billion estimate, and EPS $2.01 vs $1.93 expected.
The company set a new record for iPhone revenue and profit per share, underscoring strong product demand.
Apple authorized an additional $100 billion share buyback, expanding its capital return programme amid the CEO transition.
Shares rose briefly after hours but later fell 0.6%, reflecting mixed market reaction to earnings and leadership change.