Apple beats quarterly revenue and profit estimates on strong iPhone, Mac sales

Tech Hardware & Electrical Equipment Written by: Angela Harmantas 16:47 Thu 30 Jul 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Apple Inc ( NASDAQ:AAPL XETRA:APC ) View Price & Profile Apple beats quarterly revenue and profit estimates on strong iPhone, Mac sales Published: 16:47 30 Jul 2026 EDT Apple Inc (NASDAQ:AAPL, XETRA:APC) reported fiscal third-quarter revenue and profit that topped Wall Street expectations, driven by stronger-than-expected iPhone and Mac sales, though shares fell more than 4% in after-hours trading. The company posted revenue of $109.42 billion, up 16.4% from a year earlier and above analyst estimates of $108.85 billion. Earnings per share came in at $2.02, beating estimates of $1.89 and up 28.7% from the same period last year. iPhone revenue rose 21.7% to $54.25 billion, ahead of the $53.6 billion analysts had forecast. Mac sales jumped 28.7% to $10.35 billion, well above estimates of $8.62 billion. Services revenue, however, came in below expectations at $30.74 billion, up 12.1% year-over-year but short of the $31.36 billion analysts had projected. iPad revenue also missed estimates, falling 5.9% to $6.19 billion. In Greater China, revenue rose 22.4% to $18.82 billion, missing analyst estimates of $19.58 billion. By geography, the Americas generated $45.78 billion in revenue, up 11.1% and ahead of estimates of $45.42 billion. Europe revenue climbed 22.4% to $29.4 billion, while Japan revenue rose 13.4% to $6.55 billion. Revenue from the rest of Asia Pacific increased 15.6% to $8.87 billion. Total products revenue, which includes iPhone, Mac, iPad and wearables, rose 18.1% to $78.68 billion, above estimates of $77.25 billion. Wearables, Home and Accessories revenue increased 6.5% to $7.88 billion, roughly in line with estimates. On profitability, gross margin rose 25.3% to $54.77 billion. Operating expenses climbed 22.9% to $19.08 billion, slightly above estimates of $18.96 billion. Operating income increased 26.6% to $35.7 billion, topping estimates of $33.34 billion, while net income rose 27.1% to $29.79 billion, ahead of the $27.67 billion analysts had expected. Continue reading