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Apple sales surge 16% on ‘staggering’ iPhone demand

Apple CEO Tim Cook gestures as he departs after a business leaders reception with the US President on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Fabrice Coffrini | Afp | Getty ImagesApple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.  Shares of the company were up as much as 3% in extended trading. Here are the results versus what Wall Street was expecting according to...

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