Bullish
Apple Q3 Revenue Hits $109.4B Record, EPS Surges 28.7% Year-Over-Year
2026-07-31 11:04:13
Apple posts record June quarter with $109.4B revenue and 28.7% EPS growth driven by iPhone strength and tariff refunds across all regions.
Woofun AI reports that Apple recorded $109.4 billion in revenue for its fiscal third quarter, marking the strongest June quarter in company history. Revenue increased 16.4% year-over-year, while earnings per share rose 28.7%, a figure that includes approximately $0.11 from tariff refunds. All three major segments—iPhone, Mac, and Services—set new records for the period, with iPhone contributing nearly two-thirds of the $15.4 billion revenue increase. Regional growth was broad-based, with Europe providing the largest absolute gain and Greater China posting a 22.4% year-over-year increase. Services accounted for 28.1% of total revenue but contributed 42.4% of gross margin, maintaining a 75.6% margin rate compared to 40.1% for product sales.
WOOFUN AI
Impact Assessment · Quick Read
The record quarterly revenue demonstrates Apple's ability to drive growth outside traditional peak seasons, reducing seasonal volatility. The significant contribution of tariff refunds to EPS highlights the sensitivity of profit margins to trade policy, suggesting future earnings may fluctuate based on regulatory changes. Strong performance in Greater China and Europe indicates resilient demand across key markets, while the high-margin Services segment continues to bolster overall profitability despite lower revenue share.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.