Although the revenue and EPS for Apple (AAPL) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Apple Inc. delivered another outstanding quarter, with Q2 iPhone sales up 22% and total revenue growing 16.6% year-over-year. AAPL's unique mix of robust cash flow (~$160B/year) and solid growth supports its premium valuation, despite a P/E of 28x. The company continues aggressive shareholder returns, declaring $0.27 dividends and over $100B in buybacks, while maintaining modest CapEx and high margins.
Tim Cook, who will pass Apple's CEO baton to John Ternus September 1, brought the executive along to the company's earnings call today to say a quick hello. “We have an incredible roadmap ahead.
Sales of the iPhone, still the company's best-selling product nearly 20 years after its introduction, were $56.99 billion.
Apple Inc. delivered a robust fiscal Q2 2026, with revenue up 17% and EPS up 22%, driven by strong iPhone 17 demand and resilient China performance. AAPL services revenue grew 16% to $31B, with gross margins expanding to 76.7%, highlighting the segment's recurring, high-margin nature and underappreciated monetization potential. Despite operational strength, AAPL's premium valuation requires visible progress in AI integration, Siri enhancement, and innovation under incoming CEO John Ternus.
The iOS 26.4.2 update is actually a big deal for privacy, even for people who use other messaging apps.
Apple's iPhone sales and Services revenue were the stars of the show in the tech giant's most recent quarter, but the Mac quietly outperformed — helped by growing demand for AI workloads.
Apple Inc. reported fiscal Q2 results, with revenue and EPS growth coming in above elevated Street expectations. Apple reported another strong iPhone sales quarter while improving margins nicely and providing its annual capital return update. Analyst sentiment for AAPL stock remains positive: 31 buys out of 47 ratings, with a $298 average price target.
Apple's quarterly results exceeded expectations, thanks in part to strong sales of its iPhone 17.
Apple (AAPL) earnings clocked in higher than 2Q estimates, with iPhone revenue of $56.99b just edging above the Street's forecast of $56.98b. George Tsilis joins the earnings coverage immediately following the print as Apple shares more insights into its CEO transition plan from Tim Cook to John Ternus.
Apple beat Wall Street forecasts on the top and bottom lines for the three months ended in March despite a slight miss on iPhone sales, which were still extremely robust. Services, where Apple TV lives, had its best quarter ever.
Apple Inc (NASDAQ:AAPL, XETRA:APC) reported fiscal second quarter 2026 results that topped Wall Street expectations for both revenue and earnings. The iPhone maker posted earnings per share of $2.01 on revenue of $111.2 billion for the quarter ended March 28, ahead of analyst estimates of $1.96 per share and $109.66 billion in revenue.