Camren Lee

@404camren.bsky.social

Designer and Writer @cidercircuit

Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue

Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue

Apple today announced financial results for the second fiscal quarter of 2026, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $111.2 billion and net quarterly profit of $29.6 billion, or $2.01 per diluted share, compared to revenue of $95.4 billion and net quarterly profit of $24.8 billion, or $1.65 per diluted share, in the year-ago quarter. Services revenue again reached an all-time high during the quarter, while company revenue, earnings per share, and iPhone revenue all set March quarter records. Gross margin for the quarter was 49.3 percent, compared to 47.1 percent in the year-ago quarter. Apple's board of directors also authorized an additional $100 billion for share repurchases and declared an increased dividend payment of $0.27 per share, up from $0.26 per share. The dividend is payable May 14 to shareholders of record as of May 11."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," said Tim Cook, Apple's CEO. "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." Apple will provide live streaming of its fiscal Q2 2026 financial results conference call at 2:00 pm Pacific, and MacRumors will update this story with coverage of the conference call highlights. Conference call starts at 2:00 p.m. Pacific - No need to refresh Loading live updates... Tag: Earnings This article, "Apple Reports Record-Breaking 2Q 2026 Results: $29.6B Profit on $111.2B Revenue" first appeared on MacRumors.com Discuss this article in our forums

macrumors.com

A Full Apple Ecosystem Now Costs Less Than a MacBook Pro

A Full Apple Ecosystem Now Costs Less Than a MacBook Pro

Apple's entire entry-level product lineup now costs less than a single 16-inch MacBook Pro with the M5 Pro chip. The ten products that now define Apple's lowest-cost tier are as follows: * iPhone 17e: $599 * MacBook Neo: $599 * iPad (11th generation): $349 * Magic Keyboard Folio: $249 * Apple Pencil (USB-C): $79 * Apple Watch SE 3: $249 * AirPods 4: $129 * Apple TV 4K: $129 * HomePod mini: $99 * AirTag: $29 The total comes to $2,510, which is $189 less than the $2,699 starting price of the 16-inch ‌MacBook Pro‌ with the M5 Pro chip. AppleCare One, which can cover any three Apple devices of the buyer's choosing, costs an additional $19.99 per month. The MacBook Neo, announced on March 4, is the linchpin of the shift. At $599, it is Apple's most affordable laptop ever and the first Mac to contain an A-series chip, using the A18 Pro that debuted in the iPhone 16 Pro. After its March 11 launch, Apple CEO Tim Cook said Apple saw its "best launch week ever for first-time Mac customers." The iPhone 17e and MacBook Neo, both at $599, anchor the lineup at an identical price point that would have seemed implausible just two years ago, when the cheapest Mac laptop cost $999. What is striking about today's lineup is how capable most of Apple's entry-level products have become relative to their more expensive siblings. The iPhone 17e uses the same A19 chip and 48-megapixel main camera as the $799 iPhone 17, differing meaningfully only in its slightly smaller 60Hz display, single rear camera, and notch design. The ‌MacBook Neo‌'s A18 Pro chip posts a single-core score of 3,461, within 6% of the M5 MacBook Air, and is highly capable for everyday tasks. The Apple Watch SE 3 shares the same S10 chip as the $399 Series 11 and, with its last refresh, gained an always-on display, sleep apnea detection, body temperature sensing, and fast charging. The notable exception in the lineup is the entry-level iPad, which is the only current Apple device that does not support Apple Intelligence. It is also notable that three of the eleven products on the list are also due for imminent replacements. The 12th generation ‌iPad‌ with an A18 chip and Apple Intelligence support is said to be "

macrumors.com

Join us in wishing a very happy 49th birthday to Peacemaker himself, John Cena! Share your favorite performance of his in the comments below👇

BildBildBildBild