Apple Intelligence spurs iPhone 16 sales

Driving the news: Apple topped quarterly earnings expectations overall, though there were some weak spots, including total iPhone sales worldwide, as well as overall revenue from the Greater China region which dropped 11% to $18.51 billion.

• On a conference call with analysts, Cook said that last quarter saw a record number of people upgrading their iPhone, with the strongest performance coming from markets where Apple Intelligence is available.
• "I think you can conclude from that that there were compelling reasons to upgrade," Cook said. "In the markets where we have launched Apple Intelligence, they outperformed the markets where we had not."

Between the lines: Asked about the impact of the Trump Administration and the potential for new tariffs, Cook said, "We are monitoring the situation and don't have anything to add beyond that."

What's next: Apple is prepping another round of Apple Intelligence features, including improvements to Siri in the coming months, as well support for more languages, which Cook said will come in April.