Apple News 3 Days

Last updated: August 1, 2026, 5:30 PM ET

Apple's Financial Performance and Future Outlook

reported strong financial results for its third fiscal quarter of 2026, with $109.4 billion in revenue and a profit of $29.8 billion . company's gross margins and earnings per share were boosted by tariff refunds, with an additional $1 billion in refunds still unaccounted for . Research and development expenses climbed to a record $11.73 billion during the quarter, continuing a sharp acceleration in spending seen throughout fiscal 2026 . Despite a strong June quarter, Apple will pay shareholders a quarterly cash dividend of $0.27 per share on August 13 . Apple's Mac rose by more than 25% in the last quarter compared to the same period in 2025, largely due to the MacBook Neo . The company has reached 1.5 billion paid subscriptions across its platform, contributing to its Apple Services business . However, Wall is reacting negatively to Apple’s fiscal Q3 2026 results and its outlook for the September quarter, with the stock opening down roughly 10% . JP Morgan set a $345 price target for Apple's stock through December 2027 . Goldman Sachs trimmed its AAPL target by $10 after earnings, while Morgan Stanley has pared its target from $364 to $360 due to slowing Services growth and higher memory costs .

iPhone and Mac Product Updates and Rumors

Later fall Apple will be updating the Mac Studio for the first time since early 2025 . MacBook Neo is reportedly pulling schools away from Windows and Chromebooks . Apple has a lot of new products launching this fall, including five that have been many years in the making . Apple Watch Series 11 GPS models are available from $299.99 on Amazon . A Canadian artist dropped her iPhone 17 Pro from a plane at 3,600 feet, and found it sitting face-up and virtually untouched in a canola field . iPad Air has looked the same since 2020, making it the longest-running design in Apple's tablet lineup, and it could finally be redesigned next year . Next year iPhone will be turning, and Apple is heavily rumored to be working on a significantly redesigned 20th-anniversary model . The base model iPhone 18 is expected to arrive in spring 2027, with rumors suggesting a smaller Dynamic Island, 12GB or 9GB of RAM, and a 2nm A20 chip . lower-end iPhone 18e, expected by March 2027, will be equipped with 9GB of RAM, up from the previous generation . The iPhone 18 Pro could see a massive price hike of $300 due to a chip shortage . Furthermore, iPhone 18 Pro might introduce a new Apple-designed C2 cellular modem, potentially moving away from Qualcomm . Apple's September-quarter is expected to be slowed by a lack of supply-side availability that won't be able to meet "incredibly strong demand" for the iPhone . Apple is bracing for a tougher September quarter, with supply constraints expected to increase "significantly" .

iOS 27 and Software Developments

Starting iOS 27, Apple is making a major change to Notification Center, which has been a central place for alerts since iOS 5 in 2011 . iOS 27 new features for Car Play and the Messages app . The Mail app in iOS 27 promises to offer search functionality that "just works" . iOS 27 adds new reasons to upgrade your iPhone screen size, with hints that the iPhone Ultra is coming . Alarm volume finally be unlinked from the iPhone ringer in iOS, a change many have wanted for years . Users will be able to finely adjust the transparency of Liquid Glass, Apple's glass-like interface effect introduced in iOS 26 . iOS 27 bring five new features not yet announced, according to rumors . mac OS 27 three key upgrades to iPhone Mirroring, enhancing the ability to access an iPhone directly from a Mac . Apple released Safari Technology Preview 249 with bug fixes and performance improvements .

Apple Services and Ecosystem Expansion

new Apple Upgrade program launched this week, and the iPhone Upgrade Program is being discontinued . Apple's YouTube has shared full panels for various shows like "Matchbox The Movie," "Widow’s Bay," Dark Matter, and "Mayday" . The newest Snoopy Presents special, "There’s No Place Like Home, Snoopy," is now available on Apple TV . Shazam has been updated with iMessage stickers, starting with a collection inspired by Ariana Grande's new album . Apple plans to expand Car Keys support to another of GWM's automaker brands, following recent backend code changes . Apple spent 12 years strengthening Beats without folding it into Air Pods, preserving a separate brand that can reach Android users and compete at lower price points . Code Weavers is removing its reliance on Rosetta, with a very early test version of Apple Silicon-native Crossover now available for testing . Apple's iCloud+ will cover AI compute costs for now, with daily usage limits tied to subscription tiers . Apple begun to feel the impact of regulatory changes to the App Store business model in the US and abroad . Apple stated new UK App Store rules would give regulators a "highly intrusive" role in dictating how it runs its business . Epic Games launched the Epic Games Store on iPhones in Brazil, bringing Fortnite and Rocket League Sideswipe back to the platform .

Industry Trends and Competitor Landscape

Nearly half smartphone revenue goes to Apple despite its 23% shipment share, highlighting the iPhone's profitability . captured 49% of global smartphone revenue in the second quarter, demonstrating the premium pricing power of its devices . The FCC has banned new "foreign-produced advanced robotic devices" due to national security risks, which could impact future Matter and Home Kit models . U.S. Senator Schumer and other senators are demanding Apple commit to not buying Chinese memory chips, citing national security and economic concerns . Spotify is rolling out a new feature called 'User Notes' that lets users add personal captions to playlist tracks . Spotify has also announced a new Running Mode that turns playlists into structured running sessions built around workout type and tempo . Yahoo Weather iPhone and iPad has been updated with a major overhaul, focusing on new features and a redesign . An iOS app called 'Antizuck,' which claims to detect nearby smart glasses, has topped the App Store chart .

Apple's Community and Philanthropic Efforts

Apple CEO Cook announced that Apple will be making a donation to support earthquake relief efforts in Japan following a magnitude 6.8 earthquake . Apple will be donating to relief efforts in Europe following devastating wildfires .