Apple Stock Surges After Beating Earnings Expectations

Apple stock jumped after the company delivered a massive earnings beat, driven by what CEO Tim Cook called “unprecedented” global iPhone demand. In its fiscal Q1 2026 earnings report, Apple posted $143.76 billion in revenue and $2.84 in earnings per share, easily topping Wall Street expectations. iPhone revenue surged to over $85 billion, while Apple’s active installed base crossed a major milestone of more than 2.5 billion devices worldwide. Services revenue also reached an all-time high, reinforcing Apple’s long-term ecosystem strength. This video breaks down Apple’s earnings, iPhone demand, services growth, and what the numbers could mean for AAPL stock going forward.