Apple broke revenue record, iPhone carried 17 quarters

Apple in its second quarter of the fiscal year ending March 28, 2026 $111.2 billion announced revenue and reached the highest revenue in the company’s history in the March quarter. Revenue on an annual basis 17 percent increased, diluted earnings per share $2.01 with 22 percent rose. Strong demand for the iPhone 17 family brought a March quarter record in iPhone revenue.

Tim Cook said that they achieved double-digit growth in every geographical region and iPhone 17 He cited the series as the main driver of the quarter. With this Services Revenues also rose to an all-time high. Apple added iPhone 17e, M4 processor-equipped iPad Air and MacBook Neo models to its product range during the quarter.

On the finance side, the picture continued with strong cash production. Apple CFO Kevan Parekh says cash flow from operations over 28 billion dollars He announced that he was leaving. The company also said it saw new records for active device installed base across all major product categories and geographic regions.

The board of directors increased the cash dividend per share by 4 percent. $0.27 level. Apple will pay its dividend on May 14, 2026, to shareholders of record at the close of business on May 11, 2026. On the other hand, the company to 100 billion dollars It also approved an additional share repurchase program.

Apple accelerates growth with iPhone and Services revenues

9to5Mac reports Apple in the quarter $29.58 billion He stated that it recorded a net profit and exceeded market expectations. Reuters wrote that demand for MacBook Neo was strong, especially among students, but chip supply on the iPhone side limited the sales pace. With these results, Apple highlighted its iPhone, Mac, iPad and Services revenues in the same quarter before WWDC.