{"id":174236,"date":"2026-08-01T08:29:22","date_gmt":"2026-08-01T08:29:22","guid":{"rendered":"https:\/\/www.europesays.com\/people\/174236\/"},"modified":"2026-08-01T08:29:22","modified_gmt":"2026-08-01T08:29:22","slug":"apple-aapl-q3-2026-earnings-report-live-updates","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/174236\/","title":{"rendered":"Apple (AAPL) Q3 2026 earnings report: Live updates"},"content":{"rendered":"

\"Apple<\/p>\n

Apple<\/a> reported\u00a0stronger-than-expected earnings and revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales.\u00a0But the company issued weak guidance for the current period, citing “supply constraints.” The stock slid more than 6% in extended trading. <\/p>\n

Here’s\u00a0how\u00a0the company\u00a0did versus LSEG consensus estimates:\u00a0<\/p>\n

EPS:\u00a0$1.91 adjusted vs. $1.89 estimatedRevenue:\u00a0$109.42\u00a0billion, versus\u00a0$108.65 billion\u00a0estimated.\u00a0<\/p>\n

Here’s how Apple did in other key areas:\u00a0<\/p>\n

iPhone revenue:\u00a0$54.25\u00a0billion\u00a0vs.\u00a0$53.86\u00a0billion\u00a0estimated.\u00a0Mac\u00a0revenue:\u00a0$10.35 billion\u00a0vs.\u00a0$8.74\u00a0billion\u00a0estimated.\u00a0iPad\u00a0revenue:\u00a0$6.19 billion\u00a0vs.\u00a0$6.92\u00a0billion\u00a0estimated.\u00a0Wearables\u00a0revenue:\u00a0$7.88\u00a0billion\u00a0vs.\u00a0$7.82\u00a0billion\u00a0estimated.\u00a0Services revenue:\u00a0$30.74 billion\u00a0vs.\u00a0$31.22\u00a0billion\u00a0estimated.\u00a0Gross margin:\u00a050.1%.\u00a0That’s\u00a0not comparable to analyst estimates of\u00a047.9%\u00a0due to tariff rebates.\u00a0Cash:\u00a0$146.52 billion\u00a0\u00a0\u00a0<\/p>\n

Net income climbed to\u00a0$29.79 billion, or $2.02 per share, from $23.43 billion, or $1.57 per share, a year ago. Apple said earnings included 11 cents per share from tariff rebates.\u00a0\u00a0<\/p>\n

Apple is reckoning with a global memory crunch, or what Cook recently called a “hundred-year flood<\/a>,” and a rush for chip manufacturing capacity that’s already forced the company to lift prices on Macs and iPads. Apple hasn’t said it will raise prices on iPhones, but many analysts are expecting hikes as soon as this year. <\/p>\n

Meanwhile, Apple is gearing up for a launch of a redesigned Siri using Google technology<\/a> alongside new iPhone hardware in September, a critical test for the company as investors worry that it’s fallen behind in artificial intelligence. <\/p>\n

Revenue growth in the quarter topped 15% for a third straight period.<\/p>\n

It was CEO Tim Cook’s last earnings call before handing leadership over to John Ternus, a 25-year Apple veteran and the current head of hardware. Ternus said little on the call<\/a>.<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

Apple stock chart for Thursday, July 30, 2<\/p>\n

CNBC’s reporters are covering Apple earnings from bureaus in San Francisco and Englewood Cliffs, New Jersey.<\/p>\n

Correction: A prior version of this story had an incorrect figure for year-ago earnings.<\/p>\n","protected":false},"excerpt":{"rendered":"Apple reported\u00a0stronger-than-expected earnings and revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales.\u00a0But…\n","protected":false},"author":2,"featured_media":174237,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[155],"tags":[1010,2327,1476,5549,999,998,38,6874,2326,4148,3343,1528,16,6929,1003,584,1493,628,77709,69808],"class_list":["post-174236","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tim-cook","tag-alphabet-class-a","tag-apple-inc","tag-arts-and-entertainment","tag-breaking-news-investing","tag-breaking-news-markets","tag-breaking-news-technology","tag-business-news","tag-dividends","tag-earnings","tag-invesco-qqq-trust","tag-investment-strategy","tag-iphone","tag-markets","tag-new-jersey","tag-san-francisco","tag-technology","tag-technology-select-sector-spdr-fund","tag-tim-cook","tag-vanguard-information-technology-index-fund-etf-shares","tag-yieldmax-aapl-option-income-strategy-etf"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/117019316347856006","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/174236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=174236"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/174236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/174237"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=174236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=174236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=174236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}