Apple News 3 Days

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

Apple's Earnings and Financials

Apple reported strong third fiscal quarter 2026 results, with a profit of $29.8 billion on $109.4 billion in revenue announced, beating Wall Street expectations. The company reached a milestone of 1.5 billion paid subscriptions across its platform hit, contributing to its Services growth. However, Apple CFO Kevan Parekh stated that regulatory changes to the App Store business model in the US and abroad are beginning to affect Services revenue said, a sentiment echoed by Mac Rumors, which noted softness in mobile gaming also impacted performance impacted. Goldman Sachs hiked its AAPL price target to $370 ahead of the earnings report, expecting continued strong purchase volumes despite hardware price increases. Tariff refunds also bolstered Apple's gross margins and earnings per share in the June quarter. The company will pay shareholders a quarterly cash dividend of $0.27 per share on August 13 will pay. Apple also spent a record $11.73 billion in research and development during Q3 2026 spent.

Tim Cook's Departure and Leadership Transition

Tim Cook marked his final earnings call as Apple CEO, thanking shareholders and confirming that John Ternus will assume the CEO role on September 1 confirmed. Ternus is expected to build on the success of Apple TV affirmed and will lead future earnings calls. Apple Insider views Ternus as a steady continuation of Cook's leadership, with no major reset anticipated presenting. Cook also announced Apple would be making donations to support earthquake relief efforts in Japan said and European wildfire relief efforts said.

AI, iCloud+, and Future Services

Apple's strategy for covering AI compute costs currently involves tying daily usage limits to iCloud+ subscription tiers covered. For users exceeding these limits, Apple plans to offer paid iCloud+ upgrades to increase AI capabilities plans. Heavy users of Siri AI may also face a paid subscription requirement. In a move that could impact privacy perceptions, Claude chats were exposed in Google searches, which some see as an endorsement of Apple's privacy approach exposed.

Supply Chain and Product Availability

Supply constraints are expected to significantly impact Apple's revenue in the upcoming September quarter, with demand for iPhones outpacing available supply warns. Tim Cook noted that while memory pricing has seen a "100-year flood," adding more suppliers may not necessarily lead to lower product prices suggested. US Senators have also demanded Apple commit to not purchasing Chinese memory chips, citing national security concerns.

App Store and Regulatory Landscape

Apple is beginning to feel the impact of regulatory changes to its App Store business model, which are affecting Services growth said. Apple stated that new UK App Store steering rules would be "highly intrusive" and give regulators an overly involved role in its business operations said. Meanwhile, in Brazil, Epic Games launched the Epic Games Store, allowing Fortnite and Rocket League Sideswipe to return to iPhones launched.

New Product Developments and Rumors

Reports suggest an upcoming MacBook Ultra will feature a touchscreen and OLED panel, with Samsung Display as the exclusive supplier for the OLED touch panels. Apple is also reportedly preparing to launch an all-new smart home hub between October and early next year plans, alongside new models of the Apple TV and Home Pod mini expected this fall. Car Keys support in Apple Wallet is expanding to another Chinese automaker's brand preparing. The iPhone 18 Pro could transition away from Qualcomm modems to an Apple-designed C2 chip. Additionally, Apple is expected to unveil its 20th anniversary iPhone in the fall of 2027 with a significant redesign expected.

iOS 27 and Software Updates

iOS 27 is set to bring several new features, including improvements to Apple Maps with a more refined 'Suggested Places' feature makes, and changes to the Phone and Face Time apps adds. The Messages app will allow users to hide the dictation button to prevent accidental presses lets, and Siri AI is receiving a major upgrade with a standout feature that differentiates it from other AI assistants gets. Alarm volume will finally be decoupled from the iPhone ringer, and the Find My app will offer smarter location sharing for Apple Watch users includes. The "Liquid Glass" transparency effect will also be adjustable in iOS 27 tone down. mac OS 27 is also on the horizon with new features for the Mac adds.

Apple Wallet and Car Keys Expansion

Apple is expanding Car Keys support to another Chinese automaker's brand preparing, and the Bee Card in Manchester is slated to be added to Apple Wallet preparing. iOS 27 will also introduce new features for the Apple Wallet app what’s new.

Other Apple News and Deals

The new Apple Upgrade leasing program has launched, offering monthly subscription costs for various Apple products is, though its "Restricted Mode" will not apply to missed lease payments has told. Apple is also selling certified refurbished Studio Display XDR models in the U.S. began selling. In entertainment, the newest Snoopy Presents special, "There’s No Place Like Home, Snoopy," is now available on Apple TV, and Silo season 4 is coming in summer 2027 announced. Deals on Apple products continue, with discounts on Air Pods Pro, Air Pods Max, and MacBook Pros available at various retailers brings.