MacDailyNews presents live notes from Apple’s Q126 Conference Call with analysts starting at 2pm PT / 5pm ET today, January 29, 2026.
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Apple’s live conference call webcast will begin at 2pm PT / 5pm ET here.
Apple today posted record first quarter revenue of $143.8 billion, up a whopping 16% year over year, and quarterly diluted earnings per share (EPS) of $2.84, up a staggering 19% year over year.
According to LSEG consensus estimates compiled from Wall Street analysts called for Apple to post revenue of $138.48 billion and EPS of $2.67.
Live notes in reverse chronological order:
• AAPL After-hours: $261.80, +3.52, (+1.36%) @ 5:59:16 PM EST
• End of conference call.
• Parekh: Won’t provide that information
• Q: How much of install base is AI-capable
• Cook: It’s difficult to estimate capacity and Appel has or is in the process of putting in capacity for clod-based AI
• Cook: We believe privacy is a differentiator
• Cook: We see both being important
• Q: How might Apple manage AI; on-device vs. cloud based AI?
• Cook: It’s an incredible game-changer and competitive advantage for Apple
• Q: Apple Silicon affect gross margins positively?
• Cook: We still have modest share, so there is a huge opportunity for Apple in India
• Cook: We set a quarterly revenue record during Q1 in India in iPhone, Mac, iPad, and Services
• Q: India iPhone demand?
• Cook: I don’t want to estimate when supply and demand will balance at this…