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Apple posted stronger-than-expected fiscal second-quarter 2026 results on April 30, reporting record revenue and earnings supported by resilient iPhone demand.
Following the release, AAPL stock reacted positively, closing Friday’s session at $280, up more than 3% on the day. Over the past week, Apple shares have gained more than 5%.
For the period ended March 28, Apple reported quarterly revenue of $111.2 billion, up 17% year over year and above Wall Street estimates of roughly $109.7 billion.
Diluted earnings per share rose 22% annually to $2.01, beating analyst forecasts of about $1.94 to $1.95.
Apple said growth was driven by strong iPhone demand. The iPhone segment generated about $57 billion in revenue. Apple’s Services business reached a record of roughly $31 billion.
Gross margin came in at 49.3%, ahead of expectations, and net income totaled about $29.6 billion.
Apple also approved a new $100 billion share buyback program and raised its dividend by 4%, marking its 14th consecutive annual increase.
The results arrive as CEO Tim Cook prepares to step down after more than a decade at the helm. During the earnings call, Cook highlighted Apple’s installed base of more than 2.5 billion active devices and strong performance across key markets.
In the wake of the earnings report, a majority of Wall Street analysts remain bullish on the stock outlook for the next 12 months, with sentiment turning more positive after the results.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
