Apple reports $109.4 billion in quarterly revenue

Apple reported third-quarter revenue of $109.4 billion for fiscal year 2026, representing a 16 percent increase compared to the previous year.

The company's economic strength is increasingly driven by its services business, which includes the App Store, iCloud, Apple Music, and Apple TV. This segment provides high margins and helps reduce reliance on individual iPhone hardware cycles. The iPhone remains the central economic driver of the company, supported by a vast ecosystem of interconnected devices such as the Mac, iPad, Apple Watch, and AirPods.