Apple Posts Record $109.4 Billion Quarter on iPhone, Mac and Services Growth
*Apple reported fiscal third-quarter revenue of $109.4 billion, a 16 percent increase from the prior year, with new June-quarter records in iPhone, Mac and Services.*
The numbers
Apple posted net profit of $29.8 billion, or $2.02 per diluted share, for the quarter ended in June. Those figures compare with $23.4 billion in profit and $1.57 per share a year earlier. Revenue rose from $94.0 billion in the year-ago period.
The company said it set new June-quarter records for total revenue, earnings per share, and revenue from iPhone, Mac and Services. Growth was double-digit across those categories and across every geographic segment.
Tim Cook’s statement
Apple chief executive Tim Cook said the quarter was the company’s strongest June period ever. He cited the double-digit revenue gains and noted the introduction of an all-new Siri AI at WWDC26.
Context for the results
The quarter corresponds to the second calendar quarter of 2026. Apple has now delivered consecutive periods of revenue growth after earlier stretches of slower expansion. Services revenue, in particular, continues to compound on a large installed base.
No material disagreements appear between the two reports on the headline figures. Both cite the same revenue, profit and per-share numbers, and both record the same product-line records.
Why it matters
The results show Apple extracting more revenue from each device sold and from its services layer at the same time. For investors and developers who track platform health, the combination of hardware records and services growth points to sustained cash flow rather than one-time spikes. Hardware margins remain opaque in the release, but the profit total suggests the mix is still favorable.
The mention of the new Siri AI arrives only as a footnote to the financials. Its contribution to future quarters is not quantified here.
---
Sources:
No comments yet