PALO ALTO, California — Apple announced a record revenue for the June quarter on Thursday, largely attributed to strong sales growth in China. The company's flagship product, the iPhone, saw sales climb by 21.7% during this period, reinforcing its position as Apple's main revenue driver.

The report highlights China's significant contribution to Apple's financial performance, underscoring the market's importance to the tech giant.

Additionally, Beijing has approved the launch of certain Apple Intelligence functions, according to CEO Tim Cook, signaling further expansion of Apple's services in China.

In related industry news, IPOAI supplier Innolight experienced a decline following Asia's second-largest listing of 2026. Meanwhile, other technology and electronics companies like Samsung Electronics and Tesla continue to make advancements in their respective fields.

Sources