Apple NASDAQ: AAPL reported fiscal third-quarter revenue of $109.4 billion, up 16% from a year earlier and a June-quarter record, as double-digit gains in iPhone, Mac and services offset supply constraints and foreign-exchange headwinds.
Apple (AAPL) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.57 per share a year ago.
The headline numbers for Apple (AAPL) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Apple Inc. reached a $5 trillion market cap, driven by strong iPhone sales and renewed AI enthusiasm. The upcoming Siri AI, limited to newer iPhones, may spark an upgrade cycle but is unlikely to drive mass adoption. Recent FQ3'26 results beat expectations on revenue and iPhone sales, but services revenue missed estimates despite robust margins.
Apple says it has now topped 1.5 billion subscribers for its services business, up from 1 billion in January 2025. However, this segment of Apple's business, which includes the Apple Store, AppleCare, music, video, and cloud services, was the only miss in what was otherwise a record-breaking quarter for the company's hardware sales.
The company recently raised prices on a number of products because of component supply shortages caused by the artificial intelligence boom.
Tech giant Apple beats fiscal third-quarter earnings estimates with $109.4 billion in revenue as CEO Tim Cook prepares to depart the role in September.
This year, Apple customers are racing to snap up iPhones after a global crunch in memory chip supplies prompted Apple to raise prices of Macs and iPads.
Apple Inc. delivered fiscal Q3 revenues and EPS growth above rising street estimates. AAPL shares pulled back initially, as a large tariff benefit generated most of the bottom line beat. The company trades at a sizable premium to its large cap tech peers, but it doesn't have the strongest growth profile.
George Tsilis and Marley Kayden break down Apple's (AAPL) 3rd quarter results. Shares fell in the post market despite what outgoing CEO Tim Cook called its "best quarter ever.
Max Weinbach analyzes Apple's (AAPL) latest earnings report and explains why weakness in services growth and China sales may be overshadowing the strength of its iPhone and Mac businesses. He discusses how Apple's new leasing program, supply chain negotiations, and continued investment in hardware and R&D could support future growth, while AI remains a key factor in the company's long-term product strategy.
Apple saw revenue jump 16% to pass $109 billion for its fiscal third quarter ended in June. EPS of $2.02 included a tariff refund of 11 cents a share. It's a momentous quarter beyond the numbers as it is CEO Tim Cook's last presiding as chief executive.