Quick Read <\/p>\n
Apple (AAPL) generated Q2 FY2026 revenue of $111.2B (up 17% YoY) with iPhone sales of $57B fueled by iPhone 17 demand and Services hitting $31B at 76% gross margins.<\/p>\n<\/li>\n
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Apple wasn’t one of them. Get them here FREE<\/a>.<\/p>\n<\/li>\n<\/ul>\n In 2007, Apple opened the smartphone era. In 2026, Apple<\/strong> (NASDAQ:AAPL<\/a>) is positioned to close it. The handheld glass slab that reshaped computing is now the thing the industry is racing to replace with always-on, heads-up ambient AI. The company that drew the first map is drawing the next one.<\/p>\n Q2 FY2026 net sales hit $111.2 billion, up 17% year over year, with net income of $29.6 billion, up 20%. iPhone alone delivered $57 billion, fueled by what Tim Cook called “extraordinary demand for the iPhone 17 lineup.” Services set an all-time record at $31 billion, up 16% YoY, at gross margins near 76%. R&D rose to $8.2 billion, up 34%, pointed at glasses and AI.<\/p>\n The roadmap is the thesis <\/p>\n Apple refreshed Vision Pro to the M5 silicon last year and is reportedly preparing a Vision Air for 3Q 2027, over 40% lighter than the original Vision Pro, swapping titanium and glass for magnesium alloy and plastic and an iPhone-grade processor to drop the price. In 2Q 2027, Apple is expected to ship Ray-Ban-style AI glasses with voice and gesture control, acetate frames, and four designs in testing including a Wayfarer-style and slim rectangular look favored by Cook. Vision Pro Gen 2 follows in 2H 2028 with LCoS waveguides. Targeted weight: under 50 grams, achieved by tethering compute to the iPhone “puck.”<\/p>\n The structural advantages <\/p>\n Three moats no rival can match:<\/p>\n