Apple has reported a record June quarter with $109.4 billion in revenue, which is up by 16% year over year, along with a net income of $29.789 billion in a Newsroom announcement today. This amounts to $2.02 per share, compared to $1.57 per share from a year before, marking a 28.7% increase.

Apple’s current CEO Tim Cook said, “Today, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,” “At WWDC26, we were thrilled to introduce the all-new Siri AI, alongside all of Apple’s latest software innovations and important new child safety features.”

Compared to Q3 2025, the revenue has increased for every segment except for the iPad. Here are the figures:
  • iPhone: $54.252 billion, compared to $44.582 billion (up 21.7%)
  • Mac: $10.352 billion, compared to $8.046 billion (up 28.7%)
  • iPad: $6.191 billion, compared to $6.581 billion (down 5.9%)
  • Wearables, Home and Accessories: $7.883 billion, compared to $7.404 billion (up 6.5%)
  • Services: $30.739 billion, compared to $27.423 billion (up 12.1%)

As pointed out by Tim Cook during the Earnings call, these increases are “despite significant foreign exchange headwinds.” The gross margin rose to 50.1% in Q3 2026 compared to 46.5% in Q3 2025.

Compared to Q3 2025, Europe sees a 22.4% increase in net sales. Here’s a full comparison:

  • Americas: $45.781 billion, compared to $41.198 billion (up 11.1%)
  • Europe: $29.395 billion, compared to $24.014 billion (up 22.4%)
  • Greater China: $18.816 billion, compared to $15.369 billion (up 22.4%)
  • Japan: $6.554 billion, compared to $5.782 billion (up 13.4%)
  • Rest of Asia Pacific: $8.871 billion, compared to $7.673 billion (up 15.6%)
  • Total net sales: $109.417 billion, compared to $94.036 billion (up 16.4%)
In the words of Kevan Parekh, Apple’s CFO, “We are very pleased with our record business performance during the quarter, which set new June quarter records for both EPS and operating cash flow,” “Our installed base of active devices also reached a new all-time high across all major product categories and geographic segments.”

A cash dividend of $0.27 per share will be payable to shareholders on August 13, 2026.

The Earnings call went live on Apple’s website earlier today. Are you a shareholder? Let us know down in the comments or tweet/post to us at @appleosophy! Be sure to download the Appleosophy App from the App Store or visit our website to stay updated with the latest Apple News!