Apple:

Apple today announced financial results for its fiscal 2026 second quarter ended March 28, 2026. The Company posted quarterly revenue of $111.2 billion, up 17 percent year over year. Diluted earnings per share was $2.01, up 22 percent year over year.

Apple is also raising its dividend to $0.27 per share, up 4%.

iPhone saw a quarterly revenue record, fueled by “extraordinary demand” for the iPhone 17 family, reaching $57 billion in revenue (up 22%), while Services hit yet another all-time record ($31 billion in revenue, up 16%). Mac revenue was up 6% (to $8.4 billion), iPad revenue was up 8% (to $6.9 billion), and Wearables, Home, and Accessories were up 5% (to $7.9 billion). Apple’s installed user base also reached a “new all-time high” of 2.5 billion active devices.

The company gave unexpectedly strong guidance for the June quarter, with expectations of 14–17% total revenue growth, in spite of uncertainty surrounding tariffs, wars, and RAMageddon. AAPL briefly touched $284 after hours before settling in around $276.

As is tradition, Tim Cook led the earnings call, and also welcomed future CEO John Ternus to the proceedings for the first time. Ternus offered a brief statement (calling Cook “one of the greatest business leaders of all time” and expressing excitement for the “incredible roadmap ahead”) before turning it back over to Cook. This was Cook’s penultimate earnings call. His final call, for the June quarter, will be his 90th. Leave it to Cook to exit on a quarterly cycle.

See Also: Jason Snell’s transcript and traditional barrage of charts and graphs.