Appleosophy Newswire

Breaking News: Apple reports Q2-26 earnings results with $111.18 billion in revenue

Bloomberg: Apple To Hold March Event; Debuting iPhone SE 3 & iPad Air 5
Apple (NASDAQ: AAPL) today reported fiscal second-quarter 2026 revenue of $111.18 billion and diluted earnings per share of $2.01, both exceeding LSEG consensus estimates of $109.66 billion and $1.95, respectively.

However, iPhone revenue came in at $56.99 billion, missing estimates of $57.21 billion. The company saw strong performance in Services, which hit $30.98 billion (vs. $30.39B est.), Mac at $8.4 billion (vs. $8.02B est.), and Other Products at $7.9 billion (vs. $7.7B est.). iPad revenue was $6.91 billion, exceeding the $6.66 billion estimate.

Top Line Financials

Revenue: $111.18 billion (vs. $109.66B estimated)

EPS: $2.01 (vs. $1.95 estimated)

Gross Margin: 49.3% (vs. 48.4% estimated)

Product Revenue vs. Estimates

iPhone: $56.99 billion (vs. $57.21B estimated) MISS

Services: $30.98 billion (vs. $30.39B estimated) BEAT

Wearables, Home, & Accessories: $7.9 billion (vs. $7.7B estimated) BEAT

iPad: $6.91 billion (vs. $6.66B estimated) BEAT

Mac: $8.4 billion (vs. $8.02B estimated) BEAT