# Apple Rides iPhone Strength to Record Quarter, Reddit Sales Surge 69%

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Text version: https://stenobird.com/podcast/the-rundown-6758831/apple-rides-iphone-strength-to-record-quarter-reddit-sales-surge-69.md
Podcast: [The Rundown](https://stenobird.com/podcast/the-rundown-6758831)
Published: 2026-05-01T15:06:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/the-rundown6/episodes/Apple-Rides-iPhone-Strength-to-Record-Quarter--Reddit-Sales-Surge-69-e3iofdv
Audio file: https://traffic.megaphone.fm/APO3883775154.mp3
Processing state: processed
JSON: https://stenobird.com/v1/public/podcasts/the-rundown-6758831/episodes/apple-rides-iphone-strength-to-record-quarter-reddit-sales-surge-69
Duration seconds: 624

## Resource

Market update for Friday May 1, 2026 Check out the Public app for incredible investing tools and to support the show ( LINK ) Follow us on Instagram ( @TheRundownDaily ) for bonus content and instant reactions. In today’s episode: Stocks wrapped up their best month since 2020 (S&P 500 up 10%, Nasdaq up 15% in April) PCE inflation hits 3.5%, the highest since 2023, driven by rising oil prices from the Iran war Apple reports a monster quarter thanks to iPhone 17 lineup Anthropic in talks to raise money at a $900 billion valuation Reddit stock pops after revenue jumps 69% and profits soar nearly 8x Roblox gets crushed after child safety measures slow user growth Saudi Arabia pulls funding from LIV Golf

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