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CNBCnApple's revenue tops estimates as iPhone sales jump 22%

@cnbc

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CNBC (appears): A news channel logo that appears throughout the video. Removing it would not change what happens in the video.nApple (acts): The company whose financial results are being reported. Removing it would change what happens in the video.niPhone (acts): A product line from Apple, whose sales figures are discussed. Removing it would change what happens in the video.nAAPL (appears): The stock ticker symbol for Apple. Removing it would not change what happens in the video.nGoogle (acts): A partner company collaborating with Apple on AI. Removing it would change what happens in the video.nAlphabet (acts): The parent company of Google, mentioned as a partner. Removing it would change what happens in the video.nCXCMT (acts): A DRAM supplier in China that went public. Removing it would change what happens in the video.

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Read more at the #linkinbio or the link on screen.

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CNBCnApple's revenue tops estimates as iPhone sales jump 22%nAPPLE AAPLn330.10 -3.33 -1.00%nINTRA DAYn4A 9:30A 12P 2P 4P 6PnEXTENDED HOURSnEARNINGS ALERTnSTREAM CNBC+nAPPLE EARNINGS BEAT ESTIMATESnAPPLE EPS $2.02nAPPLE REVS. BEATn$109.42B vs. $108.63B EST.nAPPLE IPHONE REVENUEn$54.25B vs. $53.86B EST.nAPPLE SERVICES REVENUEnYEAR-OVER-YEAR CHANGEn14.7%n10.9%n11.8%n11.6%n13.9%n18.3%n12.7%n2Q24n4Q24n1Q25n2Q25n3Q25n4Q25n1Q26n2Q26nAPPLE CHINA REVENUEnYEAR-OVER-YEAR CHANGEn-0.3%n-6.5%n-10.1%n-2.3%n4.3%n27.9%n28.1%n22.4%n2Q24n4Q24n1Q25n2Q25n3Q25n4Q25n1Q26n2Q26nAPPLE MAC REVENUEn$10.35B vs. $8.74B EST.nAPPLE SERVICES REVENUEn$30.74B vs. $31.22B EST.nAPPLE ON CHINESE MEMORYnCEO TIM COOK TO CNBCn"I think memory from any source cannhelp because there's a fundamentalnsupply issue in the consumer DRAMnspace, and there's not enough, andnit's too expensive... So any sourcenproviding some supply would bengood."nAPPLE ON GOOGLE AI PARTNERSHIPnCEO TIM COOK TO CNBCn"We're collaborating withnGoogle, and so we're doing anlot of work ourselves as well. It'snan engineering collaboration, andndoes it bother me? No, Inthink it's very smart."

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Apple reported stronger-than-expected earnings and revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales. Read more at the #linkinbio or the link on screen. #CNBC #apple #iphone