Apple’s Q3 2026 Results
Apple (transcript, Hacker News):
The Company posted quarterly revenue of $109.4 billion, up 16 percent year over year.
[…]
“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 CEO.
iPhone revenue was up 22%, Mac revenue was up 10.4%, Services revenue was up 12%, and Wearables revenue was up 6%. iPad revenue was down 6%.
Together, iPhone and Services accounted for 77.7% of Apple’s $109.4B in net sales.
Gross margin for the quarter was 50.1 percent, compared to 46.5 percent in the year-ago quarter.
You can’t argue with the strong iPhone and Mac sales figures, and Apple specifically called out the MacBook Pro and the MacBook Neo, which Cook said “has been especially popular” and suggested that the company is still struggling to make them fast enough.
It’s admirable (and sensible) that Cook isn’t pointing fingers at anyone but customers who want Apple products, but the key phrase in his statement is “the supply chain just has less flexibility in it than normal.” This is an acknowledgement that while in the past, Apple might have been able to boost chip production from its partners, today the chip industry is maxed out thanks to the wild building of chips for AI applications.
[…]
As an aside, Cook also alluded to reports that Apple has tried to get the U.S. government to authorize purchase of RAM from some forbidden Chinese chipmakers, which has aroused political ire.
See also: MacRumors.
Previously:
- Apple Financial Statements: Products vs. Services
- Apple Hardware Price Hikes
- Apple’s Q2 2026 Results
- MacBook Neo Sales
- Apple’s Q3 2025 Results
1 Comment RSS · Twitter · Mastodon
"Gross margin for the quarter was 50.1 percent, compared to 46.5 percent in the year-ago quarter."
I, for one, am glad that Apple is taking one for the team and sharing in our current hardware cost suffering, rather than using it as an excuse to extract even more money from their customers. /s
