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Links open the original SEC EDGAR filing. Covers tracked managers only.
Earnings Callsⓘ
Q3 2026August 7, 2026
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This quarter's results beat expectations, with core products setting records across the board. Revenue grew +16% YoY to $109.4 billion, with gross margin of 50.1% (including 2pct tariff rebates).
Key data: iPhone +22% to $54.3 billion, Mac +29% to $10.4 billion, Services +12% to $30.7 billion; EPS of $2.02, up +29% YoY.
Business progress: Siri AI has received enthusiastic feedback, and MacBook Neo is driving rapid Mac growth; the company announced a U.S. manufacturing agreement with Broadcom worth over $3 billion and launched the Apple Upgrade rental program.
Guidance and outlook: Next quarter's revenue guidance is +9%-11% YoY, with supply chain constraints significantly intensifying and affecting iPhone/Mac/iPad; FX headwind of approximately 2.5pct; gross margin guidance of 47%-48%.
Risks/highlights: Rising memory costs remain the primary pressure, with management emphasizing the supply chain is "struggling"; Tim Cook's tone on his final earnings call was optimistic, expressing confidence in Siri AI and long-term competitiveness.