Apple projects a strong fiscal Q1, with revenue expected to rise 10-12% year-over-year, driven by double-digit iPhone and services growth. This outlook, following an 8% increase in Q4 2025 revenue to $102.5 billion, signals a return to faster growth in fiscal 2026. Simultaneously, the company faces mounting pressure in the AI race, with its AI strategy being pushed to 2026 and recent leadership changes in the division. Speculation is rife about a foldable iPhone launch in September 2026, marking a significant entry into a new product category.