Business
Tim Cook Announces Apple’s Strongest June Quarter on Record as Revenue Reaches $109.4 Billion
Double-Digit Growth Across iPhone, Mac and Services Underscores Platform Strength and AI Momentum
CUPERTINO, Calif. – July 30, 2026 – Apple today reported financial results for its fiscal 2026 third quarter ended June 27, 2026. The company posted quarterly revenue of $109.4 billion, representing a 16 percent increase year over year, and diluted earnings per share of $2.02, up 29 percent compared with the same period last year.
The results establish Apple’s strongest June quarter in its history. Growth was broad-based, with iPhone, Mac, and Services each delivering new June-quarter revenue records. Gross margin reached 50.1 percent for the quarter.
Financial Highlights
Apple generated robust performance across its core product categories and geographic segments. The company noted favorable contributions to margin from certain tariff-related adjustments. Management highlighted sustained demand for the latest iPhone lineup alongside continued expansion in the high-margin Services business.
The board of directors declared a cash dividend of $0.27 per share of common stock. The dividend is payable on August 13, 2026, to shareholders of record as of the close of business on August 10, 2026.
Leadership Perspective
“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,” said Tim Cook, Apple’s Chief Executive Officer. “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.”
Cook’s comments reflect the company’s ongoing emphasis on integrating advanced artificial intelligence capabilities into its ecosystem while maintaining focus on user privacy and product excellence.
Strategic Context
The quarter’s results arrive amid continued investment in artificial intelligence, silicon development, and services expansion. Apple’s ability to deliver simultaneous growth in hardware and services reinforces its position as one of the world’s most valuable and operationally disciplined technology companies.
Investors and industry observers will closely monitor forthcoming product cycles and the commercial impact of new AI features introduced at the most recent Worldwide Developers Conference.
About Apple
Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, iPadOS, macOS, and watchOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.