Michael Tsai – Blog – 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.

Jason Snell:

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%.

John Voorhees:

Together, iPhone and Services accounted for 77.7% of Apple’s $109.4B in net sales.

Jordan Golson:

Gross margin for the quarter was 50.1 percent, compared to 46.5 percent in the year-ago quarter.

Jason Snell:

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 Apple Quarterly Results Apple Services Business China iPad iPhone John Ternus Mac MacBook Neo RAM Tim Cook

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