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ProPakistani
Apple Reports Record $109.4 Billion Revenue as iPhone Sales Surge
In its fiscal third quarter, Apple reported a record revenue of $109.4 billion, marking a 16% increase from the previous year, driven primarily by strong iPhone sales, which surged nearly 22%. The company noted significant profits alongside increased earnings per share, signaling a robust performance across its product categories, particularly in iPhones and services. Despite warnings about potential ongoing supply constraints, Apple’s broader device ecosystem showed promising growth.
MonitorConfidence: HighShort term horizonSupply chain risk: High
Published 1 Aug 2026, 14:55 UTC1 min read
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Summary
TL;DR
- Record revenue of $109.4 billion for Q3 2026, up 16%
- iPhone sales reached $54.25 billion, a 22% increase
- Net profit rose to $29.8 billion, up 27% year-over-year
- Services revenue grew to $30.74 billion, a new June record
- Apple declared a cash dividend of $0.27 per share
Interesting facts
- iPhone remains the largest revenue source for Apple
- Active device base reached an all-time high across markets
- Mac revenue increased significantly, while iPad revenue declined