Investing.com -- Apple (NASDAQ:AAPL) on Thursday comfortably topped profit and revenue expectations for its fiscal Q1 2026, as the tech behemoth saw its best quarterly iPhone sales growth performance in over four years. iPhone sales jumped 23.3% Y/Y to $85.27 billion, marking the biggest increase since Q4 2021. The strong iPhone revenue performance comes at a time when Apple, like many other smartphone players, is grappling with memory chip crunch issues. Looking at the quarterly numbers, Apple earned $2.84 per share on revenue of $143.76 billion for the three months December 27, 2025. Sales of Mac fell 6.7% Y/Y to $8.39 billion, while revenue from iPad improved 6.3% Y/Y to $8.60 billion.