Apple just had a record-breaking iPhone quarter

Apple says the iPhone had its “best-ever” quarter, pinch gross hitting much than $85.3 cardinal complete the past fewer months. The company announced the news arsenic portion of its Q1 2026 net report, which besides revealed record-breaking gross of $143.8 billion, up 16 percent erstwhile compared to the aforesaid clip past year.

“iPhone had its best-ever 4th driven by unprecedented demand, pinch all-time records crossed each geographic segment, and Services besides achieved an all-time gross record, up 14 percent from a twelvemonth ago,” Apple CEO Tim Cook says successful the property release.

iPhone income surged contempt delays surrounding an AI-upgraded Siri, pinch the guidelines iPhone 17 exemplary offering galore features antecedently exclusive to “Pro” level devices, including an always-on show and a surface pinch a higher refresh rate. Rumors that iPhone Air income fell short of expectations didn’t look to person a large impact, either.

Apple’s services revenue, which includes subscriptions for illustration Apple Music, iCloud, and Apple TV surged 14 percent twelvemonth complete year, while Mac and wearable gross were down.

In the coming months, Apple will bring promised AI-powered personalization features to Siri. Apple is partnering pinch Google to powerfulness this upgrade, which will usage a civilization type of Google’s Gemini AI model.

The institution is besides acquiring an AI startup, called Q.ai, for $2 billion, according to the Financial Times. Though location aren’t immoderate specifications connected really Apple plans to usage the startup’s technology, the Financial Times reports that Q.ai’s patents “show its exertion being utilized successful headphones aliases glasses, utilizing ‘facial tegument micro movements’ to pass without talking.”

Rumors propose that Apple has moreover bigger AI ambitions, arsenic a study from Bloomberg’s Mark Gurman suggests the institution plans connected turning Siri into an AI chatbot built straight into its iPhone and Mac. Apple is besides reportedly moving on an AI-powered web hunt tool for Siri.

Developing…