Apple reported one other bumper quarter, with file income and robust iPhone gross sales. Amid all of the numbers, Apple CFO Kevan Parekh revealed that the iPhone 17 collection is now the corporate’s hottest lineup ever.
Robust demand for the iPhone 17 helps Apple put up file income and earnings each quarter since its launch.
Robust iPhone 17 demand fuels Apple’s development
For the Q1 2026 monetary quarter (Oct-Dec 25), Apple raked in a file all-time income of $143.8 billion. Persevering with that pattern, the corporate posted its best-ever March quarter, with a income of $111.2 billon.
Robust iPhone demand is driving this development. It accounted for $57 billion in income within the newest quarter, 22% larger than the identical quarter final 12 months.
Extra particularly, the iPhone 17 household helps Apple put up file income and earnings each quarter — sufficient to make it the preferred iPhone lineup ever.
Apple CFO Kevan Parekh informed the Monetary Instances that the “iPhone 17 household is now the preferred line-up in our historical past.”
Months after its launch, Apple continues seeing “off the charts” demand for the iPhone 17, as CEO Tim Prepare dinner informed Reuters.
New design and colour driving iPhone 17 demand
The iPhone 17 lineup doesn’t pack any breakthrough options. Nonetheless, the iPhone 17 Professional and iPhone 17 Professional Max stand out with a refreshed design, a daring new orange colour and ship longer battery life. That is probably serving to drive their robust demand.
The iPhone 17 provides glorious worth for cash, particularly now that it comes with a 120Hz ProMotion show. Regardless of ongoing RAM and NAND shortages, Apple stored the machine’s worth unchanged, making it much more interesting.
At a time when many premium Android telephones have gotten dearer, the iPhone 17 stands out as a extra value-focused choice.
Greater than DRAM and NAND chips, Apple seems unable to maintain up with iPhone 17 demand as a result of restricted provide of A19 chips. These SoCs are fabricated on TSMC’s cutting-edge node.
TSMC makes use of the identical course of to fabricate chips for Nvidia and different corporations. That is limiting what number of chips Apple can safe.
