Apple reported strong performance in the first quarter of fiscal 2026, exceeding revenue and EPS estimates. The iPhone 17 lineup is in high demand, despite a delayed Siri update. Investors are optimistic about Apple’s potential in the upcoming second quarter. However, expectations for future returns should be moderate. The iPhone remains a top revenue driver for Apple, representing 59% of total revenue last quarter. While Apple may continue to see steady EPS growth, investors should carefully consider the stock’s valuation before making investment decisions.

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