Apple News 3 Days

Last updated: August 1, 2026, 8:30 AM ET

Apple's Financial Performance and Market Position

captured 49% of global smartphone revenue in the second quarter, despite only accounting for 23% of shipments, demonstrating its significant profitability per device. The company announced financial results for its third fiscal quarter of 2026, reporting a $29.8 billion profit on $109.4 billion in revenue. Apple's gross and earnings per share were boosted by tariff refunds the company received, with another $1 billion in refunds still unaccounted for. Research and development expenses climbed to a record $11.73 billion in Q3 2026, continuing a sharp acceleration in spending throughout fiscal 2026. Apple will shareholders a quarterly cash dividend of $0.27 per share on August 13, maintaining the rate introduced earlier in 2026 after reporting its strongest June quarter on record.

iPhone and Future Product Rumors