AAPL: the business angle

Apple reported 17% revenue growth, topping estimates, even as iPhone sales came up short. AAPL has emerged this Friday as one of the stories drawing attention in Taiwan.

Key facts

• Apple reported 17% revenue growth, topping estimates, even as iPhone sales came up short.
• Apple has announced financial results for its fiscal 2026 second quarter that ended March 28.
• The company posted quarterly revenue of $111.2 billion, up 17% year-over-year.
• Diluted earnings per share was $2.01, up 22 percent year-over-year. “Today Apple is proud to report our best March quart.
• Posted by Dennis Sellers | Apr 30, 2026 | MacTech News |.

What we know

Going deeper, Apple has announced financial results for its fiscal 2026 second quarter that ended March 28.

On the substance, the company posted quarterly revenue of $111.2 billion, up 17% year-over-year.

Beyond the headlines, Diluted earnings per share was $2.01, up 22 percent year-over-year. “Today Apple is proud to report our best March quart.

More precisely, Posted by Dennis Sellers | Apr 30, 2026 | MacTech News |.

It is worth noting that iPhone revenue: $56.99 billion vs $57.21 billion expected.

By the numbers

“Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” said CEO Tim Cook in a press release. “iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup.

On a related note, Mac revenue: $8.4 billion vs. $8.02 billion expected.

Going deeper, iPad revenue: $6.91 billion vs. $6.66 billion expected.

On the substance, Wearables, Home and Accessories revenue: $7.9 billion vs. $7.7 billion expected.

The wider context

On a related note, Services revenue: $30.98 billion vs. $30.39 billion expected.

Going deeper, Revenue climbed 17% from $95.4 billion a year earlier, Apple said.

On the substance, it was the first time the company faced Wall Street since the announcement last week that Tim Cook will be stepping down as CEO after 15 years on the job.

Beyond the headlines, Apple said on the earnings call that revenue in the June quarter will increase between 14% and 17% from a year earlier.

More precisely, Analysts were expecting growth of 9.5% to $103 billion, according to LSEG.

The bottom line

• The company posted quarterly revenue of $111.2 billion, up 17% year-over-year.
• It was the first time the company faced Wall Street since the announcement last week that Tim Cook will be stepping down as CEO after 15 years on the job.
• The company's board authorized an additional $100 billion in stock repurchases and declared a cash dividend of 27 cents per share, up 4%.
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