US technology company Apple’s net sales increased by 16 percent year-on-year in the three-month period, exceeding market expectations.
Elchi.az reports that Apple, which considers the three-month period ending December 27, 2025 as the first quarter of the 2026 financial year in its financial calendar, has released its balance sheet.
Accordingly, the company’s total net sales in this period increased by 16 percent year-on-year to $143.8 billion.
Apple’s net sales were recorded at $124.3 billion in the same period of the previous year.
The company’s net profit for the same period was calculated at $42.1 billion.
Apple announced a net profit of $36.3 billion in the same period of the previous year.
The company’s earnings per share also increased from $2.4 to $2.84 during this period.
The company’s net sales revenue and earnings per share exceeded market expectations during this period.
iPhone sales increased
During the period in question, Apple’s iPhone and iPad sales increased, while Mac sales decreased.
In the three-month period ending December 27, iPhone sales revenue increased by 23 percent year-on-year to $85.3 billion.
The company’s iPhone sales exceeded market expectations during this period.
In the same period, iPad sales increased by 6 percent to $8.6 billion, while Mac sales decreased by 7 percent to $8.4 billion.
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