Mark Gurman

orders of magnitude.

It's a gigantic beat on overall revenue.

China is back.

You have a big beat on the iPhone in particular.

Eighty five billion dollar quarter is just insane.

The installed base two and a half billion.

The numbers are just beyond excellent.

cook gets to keep his job right at least for now um this is a massive massive massive quarter uh this is a home run their greatest quarter ever by orders of magnitude it's a gigantic beat on overall revenue uh china is back uh you have a big beat on um

The iPhone, in particular, $85 billion quarter is just insane.

The installed base, $2.5 billion.

The numbers are just beyond excellent.

We can ignore the fact they missed on wearables, home and accessories.

We can ignore the fact they missed on Macs.

We can ignore the fact that they barely crossed expectations on services.

I guess none of that matters when the iPhone is selling so well.

But still, there's the big existential question of what's next.

It's an important question because of AI, and Apple absolutely needs to figure out its AI strategy.

There needs to be an AI reckoning of some sort there.

But they just bought themselves a very long time with this just insanely great quarter.

They buy components and memory components quarters and months in advance.