Apple sales surge 16% on ‘staggering’ iPhone demand

Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.

# Apple sales surge 16% on ‘staggering’ iPhone demand Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.   **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/29/apple-aapl-earnings-report-q1-2026.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*