Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.

Apple continues to spend less than its Magnificent 7 peers on artificial intelligence. Recent reports from Chinese start-up DeepSeek have caused investors to positively reassess that strategy American

Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted first-quarter earnings of $2.40 a share on revenue of $124.3 billion. Analysts surveyed by FactSet were expecting earnings of $2.

EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line beats to eight quarters.

Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.

S&P 500 futures are near flat Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the broad index ticked higher by 0.1%, while Nasdaq 100 futures added 0.3%. Dow Jones Industrial Average futures added 53 points, or 0.1%.

The iPhone maker reports quarterly results after the closing bell today. Here’s what investors will be looking out for. Apple is expected to earn $2.35 a share for its fiscal first-quarter, which ended in December,

Stock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the S&P 500 ticked higher by 0.1%, while Nasdaq 100 futures gained 0.2%. Dow Jones Industrial Average futures added 31 points, or 0.1%.

“Early indications look promising for the Q4 season,” Oppenheimer analysts wrote Monday, with reported earnings growth up nearly 17% and revenue growth rising nearly 5%. Nearly 240 more S&P 500 companies are slated to report by the end of next week.

Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.

Apple beat Wall Street's earnings target for its fiscal first quarter while matching views on sales. Apple stock rose in extended trading.