Tech giant posts strongest June quarter ever with 16% year-over-year growth driven by iPhone and Mac sales.
Talivio News · Global2 min read
Listen
Aa
T
Talivio News (AI illüstrasyon)
Apple reported quarterly revenue of $109.4 billion for the third quarter of its fiscal year 2026, which ended on June 27. The company’s financial results were released early Friday, showing an increase from the $94 billion recorded in the prior-year quarter.
The revenue figure represents a year-over-year increase of approximately 16%, though some sources specify the growth at 16.4%. This performance marks what Apple CEO Tim Cook described as the company’s strongest June quarter ever.
Product and Regional Performance
Apple achieved double-digit revenue growth across the iPhone, Mac, and Services categories in every geographic segment. iPhone sales rose 21.7% to $54.3 billion, while Mac sales increased 28.7% to $10.4 billion. In contrast, iPad sales decreased 5.9% to $6.2 billion.
The company stated that its installed base of active devices reached a new all-time high across all major product categories and geographic segments. This growth occurred alongside the introduction of the all-new Siri AI, latest software innovations, and new child safety features announced at the Worldwide Developers Conference (WWDC26).
Profitability and Shareholder Returns
Net income increased 27.1% year over year to $29.8 billion, up from $23.4 billion in the same period last year. Earnings per share rose from $1.57 to $2.02. Apple CFO Kevan Parekh noted that the company set new June quarter records for both earnings per share and operating cash flow.
Apple’s board of directors declared a cash dividend of $0.27 per share of the company’s common stock.
Updates
Apple's financial outlook now faces significant headwinds, as CFO Kevan Parekh warned of intensifying supply constraints across iPhone, Mac, and iPad production, with Tim Cook noting that component shortages could persist until 2027 alongside rising memory costs. Additionally, the company announced a leadership transition, with Hardware Engineering VP John Ternus set to replace Tim Cook as CEO on September 1. Apple also revealed new financial and operational updates, including a services revenue of $30.74 billion, 1.5 billion total global subscribers, $7.88 billion in wearable earnings, and a $100 price hike for the MacBook Neo, while analysts forecast potential $200 increases for the upcoming iPhone 18 series.
Apple CFO Kevan Parekh warned of significant supply constraints for iPhone, Mac, and iPad production in the coming months, while Tim Cook noted that component shortages could persist until at least 2027 due to rising memory costs. Additionally, the company launched a new 'Upgrade' device rental program and reported that services revenue reached $30.74 billion with a global subscriber base exceeding 1.5 billion. In hardware updates, MacBook Neo prices rose from $599 to $699 in June, and wearable technology earnings hit $7.88 billion.
Apple's Q3 report revealed that services revenue rose to $30.74 billion, wearable technology earnings reached $7.88 billion, and iPad sales hit $6.2 billion, falling short of expectations. Additionally, the company's global subscriber count has exceeded 1.5 billion, while the MacBook Neo price was increased from $599 to $699 in June.
Apple's services revenue rose to $30.74 billion, while iPad sales reached $6.2 billion, falling short of expectations. Additionally, the company's total worldwide subscribers have exceeded 1.5 billion, and wearable technology earnings were reported at $7.88 billion. Amidst these results, Apple announced that John Ternus will succeed Tim Cook as CEO on September 1.
Apple's Q3 report revealed that services revenue reached $30.74 billion, wearables earned $7.88 billion, and iPad sales missed expectations at $6.2 billion, while the total number of global subscribers surpassed 1.5 billion. Additionally, company leadership is set to change on September 1, with Hardware Engineering VP John Ternus succeeding Tim Cook as CEO. Regarding production, CFO Kevan Parekh warned of increasing supply constraints for iPhone, Mac, and iPad, while Tim Cook noted that component shortages could persist until at least 2027 due to rising memory costs.
Apple's services revenue reached $30.74 billion, while wearable technology earnings hit $7.88 billion, alongside a total subscriber base exceeding 1.5 billion worldwide. In terms of individual product performance, iPad sales fell short of expectations at $6.2 billion. Additionally, Apple's CFO Kevan Parekh warned of upcoming supply constraints for iPhone, Mac, and iPad lines, while Tim Cook noted that component shortages could persist until at least 2027 amidst rising memory costs.
Apple's Services division hit a new June-quarter record with $30.74 billion in revenue, though this figure fell short of the $31.22 billion analyst expectation due to foreign exchange headwinds. Additionally, the company's Wearables, Home, and Accessories revenue rose 6.5% year-over-year to $7.88 billion, while total paid subscriptions reached 1.5 billion. Amidst these results, Apple announced that John Ternus will succeed Tim Cook as CEO on September 1, with Cook transitioning to executive chairman.
Apple's Services revenue reached a new June-quarter record of $30.74 billion, though this fell short of the $31.22 billion analysts expected due to foreign exchange headwinds. The company's total number of paid subscriptions climbed to 1.5 billion, while revenue in the Wearables, Home, and Accessories category rose 6.5% year-over-year to $7.88 billion. Additionally, iPad sales missed expectations, coming in at $6.2 billion.
Apple's Services revenue reached a new June-quarter record of $30.74 billion, though this figure fell short of the $31.22 billion expected by analysts. The company reported that its total number of paid subscriptions has exceeded 1.5 billion, and revenue in the Wearables, Home, and Accessories category rose 6.5% year-over-year to $7.88 billion. Additionally, iPad sales for the quarter reached $6.2 billion, missing previous expectations.
Apple's Services revenue reached a new June-quarter record of $30.74 billion, falling short of the $31.22 billion analyst forecast due to foreign exchange headwinds. During the same period, Wearables, Home, and Accessories revenue grew 6.5% year-over-year to $7.88 billion, while iPad sales missed expectations at $6.2 billion. Additionally, the company reported surpassing 1.5 billion paid subscriptions worldwide, a figure that includes third-party App Store subscriptions.
Apple's Services revenue reached a June-quarter record of $30.74 billion, falling short of the $31.22 billion analyst expectation due to foreign exchange headwinds. The company also reported a 6.5% year-over-year increase in Wearables, Home, and Accessories revenue to $7.88 billion, while its total paid subscriptions surpassed 1.5 billion. Additionally, iPad sales reached $6.2 billion, missing previous expectations.
Apple's Services revenue reached a June-quarter record of $30.74 billion, though this figure fell short of the $31.22 billion expected by analysts. The division's performance was impacted by foreign exchange headwinds, exchange rate fluctuations, and a slowdown in the mobile gaming market. Additionally, the company's total number of paid subscriptions has surpassed 1.5 billion, a significant increase from the nearly one billion reported in 2023.
Apple's Services revenue reached a new June-quarter record of $30.74 billion, though this figure fell short of the $31.22 billion expected by analysts due to exchange rate fluctuations and a slowdown in mobile gaming. The company's Wearables, Home, and Accessories segment also grew 6.5% year-over-year to $7.88 billion, while total paid subscriptions surpassed 1.5 billion. Additionally, iPad sales reached $6.2 billion, missing internal expectations.
