Instant Reaction: Apple Delivers Upbeat Forecast

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3.8 • 1.2K Ratings

🗓️ 29 January 2026

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple delivered record quarterly sales and a better-than-anticipated forecast for the current period, even as the company warned that rising component costs are threatening to squeeze margins.

Revenue will rise 13% to 16% in the second quarter, which runs through March, the company said Thursday during a conference call with analysts. That exceeded the 10% projected by Wall Street — showing that Apple can maintain momentum after an iPhone-fueled sales surge in the December quarter.

For instant reaction and analysis, Bloomberg Businessweek Daily cohosts Carol and Tim speak with:

Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman
Bloomberg Tech Co-Host Ed Ludlow

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Transcript

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0:00.0	Bloomberg Audio Studios, Podcasts, Radio News.
0:08.7	This is a breaking news update from Bloomberg.
0:12.8	Instant reaction and analysis from our 3,000 journalists and analysts around the world.
0:19.3	Just want to get to Apple.
0:20.4	Let's get to it.
0:21.2	First quarter revenue, 143.76 billion.
0:24.5	Yes, a big beat.
0:25.8	138.4 billion was what the street was expecting.
0:28.6	First quarter EPS, also a big beat.
0:31.1	$2.84 a share.
0:33.1	The street estimate was for $2.68 a share.
0:36.3	Greater China, they've been struggling there. Revenue in
0:40.1	greater China, $253 billion, folks, that is a beat. $21.82 billion was what the street was expecting.
0:49.3	That's a new all-time EPS record, though, overall, and the install base now has more than 2.5 billion
0:55.1	active devices. Well, got to say, investors like in this report in the aftermarket, stock
0:59.9	still up about 2% here in the post-market trade. Hey, let's see what Bloomberg News Managing
1:06.1	editor for Global Tech, Consumer Tech thinks about this. He is Mark German, knows everything about this company, lots of exclusives.
1:14.0	This feels pretty good.
1:16.5	Tim Cook gets to keep his job, right?
1:18.4	At least for now.
1:20.1	This is a massive, massive, massive quarter.
1:22.9	This is a home run, their greatest quarter ever by orders of magnitude.
	...

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