Apple beats estimates on strong iPhone sales as CEO transition looms large

1 · Siliconangle · May 1, 2026, 12:47 a.m.
Summary
Apple Inc. surpassed analysts' earnings expectations in the second quarter with a reported earnings per share of $2.01, leading to a positive sales forecast that boosted its stock. The post discusses the impact of CEO changes and iPhone sales performance on the company's financial outlook.