Apple News 24 Hours

Last updated: July 30, 2026, 11:30 PM ET

Apple's Financials and Leadership Transition

Apple reported its third fiscal quarter 2026 results, announcing a profit of $29.8 billion on revenue of $109.4 billion. The company also revealed it has across its platform, a new milestone for its Services business. During the quarter, Apple on research and development. Shareholders will receive a quarterly cash dividend of $0.27 per share on August 13. Outgoing CEO Tim Cook thanked shareholders on his final earnings call, confirming John Ternus will take over leadership of future calls.

AI, Subscriptions, and App Store Impact

Apple's approach to monetizing AI will involve to iCloud+ subscription tiers, with plans for paid upgrades for heavy AI users. However, Siri AI may also for those with significant usage. Regulatory changes to the App Store business model are beginning to in the US and abroad, compounded by a softness in mobile gaming.

Supply Chain and Product Demand

Supply constraints are expected to significantly increase next quarter, impacting the availability of the iPhone, iPad, and Mac. Despite "incredibly strong demand" for the iPhone, supply availability in the September quarter. Apple CFO Kevan Parekh noted that softness in mobile gaming and App Store changes.

Expanding Car Keys and Content

Apple continues to expand its Car Keys feature, with preparing to support the functionality in Apple Wallet. In entertainment, the latest Snoopy Presents special, "There’s No Place Like Home, Snoopy," is now.

Memory Pricing and Chip Strategy

Tim Cook suggested that increasing the number of memory suppliers may not necessarily. He also stated that Apple "reluctantly raised prices" due to a "100-year flood on memory pricing." U.S. Senators are reportedly to not purchasing Chinese memory chips.

Smart Home and Robot Vacuum Regulations

Apple is reportedly preparing for a major overhaul of its smart home products, with three new devices nearing launch. Meanwhile, the FCC has banned new "foreign-produced advanced robotic devices," citing national security risks, which could and limit options for Apple Home users.

iPhone and Mac Updates

The iPhone 18 Pro could introduce a new Apple-designed C2 modem, potentially. Rumors suggest the iPhone 18 Pro lineup and an iPhone Ultra will be unveiled at Apple's annual September event. The MacBook Neo has reportedly, with sales rising more than 25% last quarter.

Other Apple News

Apple is making a donation to support earthquake relief efforts in Japan and in Europe. The company also launched a new, which differs from the now-discontinued iPhone Upgrade Program. Additionally, Epic Games announced that Fortnite has returned to iPhone in Brazil with the launch of the Epic Games Store.