Apple Q3 2026 Results

Jason Snell:

On Thursday, Apple announced record third-quarter earnings, with total revenue of $109.4B, up 16 percent from the year-ago quarter. 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%.

Six Colors also has their usual transcript of the analyst call, Tim Cook’s 90th and final one.

Over at MacRumors, Juli Clover wrote a retrospective on Tim Cook’s 15-year run as CEO:

When Cook took over as CEO, Apple’s revenue for all of 2011 was $108 billion. Apple reported $109.4 billion for Q3 2026, earning its 2011 revenue in a single quarter. We don’t have the numbers for fiscal 2026 yet, but in fiscal 2025, revenue was $416 billion. [...]

A day after Cook took over in August 2011, Apple’s stock price was $13.35 (split-adjusted). Today, it opened at $304.81, a roughly 23× increase.

Apple did alright under Cook.