China gives Apple ‘best iPhone quarter in history’ with 38% revenue growth

AI Summary
Apple experienced a record-breaking iPhone quarter in Greater China, driving significant revenue growth for the company. In the first fiscal quarter of 2026, revenue in the region, encompassing mainland China, Hong Kong, and Taiwan, increased by 38% year-over-year. This surge, Apple's strongest in China since late 2021, significantly outpaced the company's overall 16% quarterly revenue increase. Apple CEO Tim Cook attributed the success to strong customer demand for the iPhone 17 line-up. Increased traffic to Apple stores and an all-time high installed base in Greater China and mainland China contributed to the positive results, demonstrating Apple's successful navigation of a challenging market.
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