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Apple reports $29.6B profit in best-ever March quarter

Apple reports $29.6B profit in best-ever March quarter
Photo by Halley Tian / Unsplash

Apple reported record‑breaking Q2 2026 financial results, posting $111.2B in revenue and $29.6B in profit, marking its best March quarter ever. iPhone revenue hit a new high at $57B, driven by strong demand for the iPhone 17 lineup, while Services reached an all‑time record at $31B. All major product categories and all geographic regions saw year‑over‑year growth. Apple also announced a $100B share buyback authorization and raised its dividend. The earnings call highlighted Apple’s growing focus on “Apple Intelligence,” on‑device AI powered by Apple silicon, and included remarks from both Tim Cook and incoming CEO John Ternus.

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