Apple reported $114.5 billion in net sales and $30.7 billion in net income for the three months ended September 26, 2026. Compared with the same quarter a year earlier, sales rose about 12% and net income increased 12%. Earnings per share climbed from $1.85 to $2.10.
How did Apple perform in the September 2026 quarter?
Apple’s quarterly revenue reached $114.5 billion, up from $102.5 billion a year earlier. Net income grew to $30.7 billion from $27.5 billion, while earnings per share advanced by $0.25. These results show that the company increased both sales and per-share earnings over the period.
Which Apple product categories grew or declined?
iPhone and Mac revenue increased, while iPad revenue fell. iPhone generated $57.6 billion, up 17.5% year over year. Mac revenue rose 23.7% to $10.8 billion. iPad revenue declined 10.4% to $6.2 billion. Services brought in $31.6 billion, an increase of about 10%.
- iPhone: $57.6 billion, up 17.5%.
- Mac: $10.8 billion, up 23.7%.
- iPad: $6.2 billion, down 10.4%.
- Services: $31.6 billion, up about 10%.
Why did iPhone and Services stand out?
Apple recorded a September-quarter iPhone revenue record, according to the reported results. Strong demand for new models and the company’s broader device ecosystem contributed to the category’s growth. Services also reached a record, supported by recurring sources such as subscriptions, App Store commissions, and cloud offerings. Together, these segments provided two distinct sources of momentum: hardware sales and ongoing digital-service revenue.
What were Apple’s full-year 2026 results?
For fiscal 2026, Apple reported $478.8 billion in net sales, up 15%, and $132.2 billion in net income, up 18%. Annual revenue included $254.1 billion from iPhone, $37.9 billion from Mac, $27.9 billion from iPad, and $123.3 billion from Services.
Services accounted for a substantial share of the year’s reported revenue. Its subscription and digital-service streams complement device sales and give Apple a source of income that is not tied solely to customers purchasing new hardware.
Apple’s key financial figures at a glance
- Quarterly net sales: $114.5 billion, up about 12% year over year.
- Quarterly net income: $30.7 billion, up 12%.
- Quarterly earnings per share: $2.10, compared with $1.85 a year earlier.
- Fiscal-year net sales: $478.8 billion, up 15%.
- Fiscal-year net income: $132.2 billion, up 18%.
What do the results indicate for investors and customers?
For investors, the figures point to growth across several major revenue streams, led by iPhone and Services, with Mac also posting a strong increase. Services’ record revenue highlights the growing role of recurring digital sales in Apple’s business mix. However, the decline in iPad revenue stands out as a category-specific weakness rather than a company-wide downturn.
For customers, the iPhone and Mac gains suggest sustained demand for Apple devices during the quarter. The iPad decline may reflect a slower replacement cycle, changing demand, or stronger competition; the reported figures alone do not establish which factor mattered most.
What should be watched in Apple’s next results?
- iPhone demand: Track whether product launches and pricing continue to support growth.
- Services growth: Compare subscription and digital-service expansion with the latest quarterly record.
- iPad revenue: Look for a recovery or further declines to gauge the category’s momentum.
- Currency and supply costs: Review how foreign-exchange movements and production expenses affect reported sales and margins.
Bottom line
Apple’s quarter ended September 26, 2026, delivered higher sales, net income, and earnings per share. iPhone led product growth, Mac also advanced, and Services reached a record, while iPad revenue declined. The full-year figures likewise showed growth in both sales and net income, making the next period’s iPad performance and continued momentum in iPhone and Services important indicators to follow.
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