Apple revenue, profits beat expectations on iPhone, Mac sales
Strong iPhone and Mac sales lifted revenue 16% to $109.4 billion, while Apple’s profit also beat Wall Street estimates.
- Apple Inc reported record revenue of $109.4 billion and a net profit of $29.8 billion for the fiscal third quarter ending June 27, 2026, exceeding consensus estimates on Wall Street.
- Performance was driven by a 21.7% surge in iPhone sales to $54.25 billion and 28.7% growth in Mac revenue to $10.35 billion, while Services revenue reached $30.74 billion, illustrating sustained demand across all segments.
- Noting the 50.1% gross margin included a 2 percentage point benefit from tariff refunds, Apple CEO Tim Cook described supply shortages as an "unprecedented challenge" for the CONSUMER ELECTRONICS industry.
- The Company declared a $0.27-per-share quarterly dividend to Shareholders, while departing from its long-held goal of returning all cash to investors to fund internal priorities.
- While Apple has not increased iPhone prices, analysts anticipate potential adjustments later this year as the Company retains liquidity for future ARTIFICIAL INTELLIGENCE-driven software innovations.
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Algemeen Dagblad
Het Laatste NieuwsThe American technology giant Apple achieved significantly higher revenue and profit in the past quarter, primarily helped by increased iPhone sales. It is the last time Apple will report figures under the leadership of CEO Tim Cook.
Revenues of $364 billion and gross margins above 50%. June quarter is marked by Tim Cook's latest results conference.
Tim Cook says more memory suppliers may not necessarily mean lower product prices
During today’s conference call, Tim Cook addressed Apple’s mounting memory supply and pricing challenges, but suggested that adding more suppliers may not actually bring product prices back down. Here are the details.
At Apple, sales and earnings are rising significantly. However, the Group is missing the analysts' expectations in two areas. Amazon is convinced in an important segment. The share is growing strongly.
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