Today, Apple reported its 2026 Q2 earnings, posting quarterly revenue of $111.2 billion.
Apple CEO Tim Cook had this to say of the results:
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. iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup. During the quarter, Services achieved yet another all-time record, and we were excited to introduce remarkable new products to our strongest lineup ever. That included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo, which is captivating customers all around the world.”
As CFO Kevan Parekh noted in Apple’s press release, today’s results include the generation of over $28 billion in operating cash flow.
Going into today’s earnings call CNBC reported that analysts expected strong iPhone growth:
Analysts expect 15% year-over-year revenue growth at Apple from $95.4 billion a year earlier. The main driver is the iPhone, with Wall Street looking for a 20% jump in annual sales, thanks largely to the popularity of the iPhone 17, which went on sale last year.
