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Apple Beats Q3 Estimates

Apple topped Wall Street forecasts as iPhone and Mac sales rose, despite supply concerns.

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Updated Jul 30, 8:59pm ET

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Apple reported fiscal Q3 2026 revenue of $109.4 billion, up 16% and above the $108.65 billion analysts expected, with earnings per share of $2.02. iPhone revenue rose 22% to about $54.25 billion, while Mac revenue rose 29% to about $10.35 billion, driving the June-quarter beat. Apple forecast current-quarter sales growth below Wall Street targets, citing significant supply constraints and surging memory-chip costs tied to AI demand. Shares fell more than 6% in extended trading, and the report was Tim Cook’s final earnings call as CEO.

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