Instant Reaction: Apple Delivers Upbeat Forecast
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 29 January 2026
⏱️ 21 minutes
🧾️ Download transcript
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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| 1:09.6 | This is a breaking news update from Bloomberg. Instant reaction and analysis from our |
| 1:16.5 | 3,000 journalists and analysts around the world. Just want to get to Apple. Let's get to it. |
| 1:22.2 | First quarter revenue, 143.76 billion. Yes, a big bead. 138.4 billion was what the street was expecting. First quarter EPS, also a big beat. |
| 1:32.2 | $2.84 a share. The street estimate was for $2.68 a share. Greater China, they've been struggling there. |
| 1:39.8 | Revenue in greater China, $25.53 billion, folks, that is a beat. $21.82 billion was what the street was expecting. |
| 1:50.4 | That's a new all-time EPS record, though, overall, and the install base now has more than 2.5 billion |
| 1:56.1 | active devices. Well, I've got to say, investors liken this report in the aftermarket. |
| 2:01.6 | Stock still up about 2% here in the post-market trade. Hey, let's see what Bloomberg News Managing Editor for Global |
| 2:08.0 | Tech, consumer tech thinks about this. He is Mark German, knows everything about this company, lots |
| 2:14.1 | of exclusives. This feels pretty good. |
| 2:23.6 | Tim Cook gets to keep his job, right? At least for now. This is a massive, massive, massive quarter. |
... |
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