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[BUSINESS] · United States · 87 sources

Apple Posts Record Q3 Revenue of $109.4 B, Beats Forecasts as Tim Cook Prepares to Step Down FAST-MOVING

Apple reported fiscal third‑quarter revenue of $109.4 billion, up 16 % year‑on‑year and ahead of analyst expectations of about $108.7 billion. Net profit rose 27 % to $29.8 billion and earnings per share were $2.02, well above the consensus of $1.89. iPhone sales reached $54.3 billion, a 22 % increase and roughly half of total revenue, while Mac revenue grew about 29 % and services rose 12 %.

The results marked CEO Tim Cook’s final earnings call; he will step down on 1 September and be succeeded by John Ternus, with Cook remaining executive chairman. Apple also previewed its new Siri AI and signaled a possible foldable iPhone later in the year. Despite the beat, the stock slipped roughly 4 % in after‑hours trading.

Entities: Apple Inc. · Copper · John Ternus · Microsoft Corporation · Oyu Tolgoi · Pilbara · Pilbara iron‑ore operations · Pilbara operations · Rio Tinto · Rio Tinto plc · Simandou · Simon Trott

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

  • [● 8 SOURCES] Interim dividend increased 43 % to US$2.11 per share in H1 2026. (f8180d2a-d1ae-419e-817d-8740554255ec, a39184d5-8514-4299-9f69-87c6c8372674, 4ad98505-001d-4bd9-8aa2-88d3eaa08df9)
  • [● 7 SOURCES] First‑half copper production reached 442 kilotonnes, up 3 % year‑on‑year. (statement)
  • [● 3 SOURCES] Pilbara iron‑ore sales rose 6 % to 162.3 million tonnes; iron‑ore EBITDA fell 1 % to US$6.8 billion.
  • [● 6 SOURCES] Rio Tinto reported first‑half 2026 net profit of US$6.66 billion, up 47 % year‑on‑year. (73ff6b67-6ab7-4970-8b81-ff567996ee86,4ad98505-001d-4bd9-8aa2-88d3eaa08df9,6ee05b0f-c850-47c2-ba07-491ae040154e,ae86c550-)
  • [● 9 SOURCES] Underlying EBITDA increased 28 % to US$14.8 billion in the first half of 2026. (statement)
  • [● 3 SOURCES] Rio Tinto projects 2026 copper production of 800‑830 kilotonnes.
  • [● 8 SOURCES] Free cash flow grew 75 % to US$3.8 billion. (statement)
  • [● 6 SOURCES] Copper earnings for Rio Tinto in the first half of 2026 were US$5.7 billion, an 84 % increase year‑on‑year. (statement)
  • [● 3 SOURCES] Rio Tinto projected copper production for 2026 of 800‑830 kilotonnes. (supported by articles 73ff6b67-6ab7-4970-8b81-ff567996ee86, 6ee05b0f-c850-47c2-ba07-491ae040154e)
  • [● 6 SOURCES] Rio Tinto declared an interim dividend of US$2.11 per share, a 43 % increase over the previous year. (statement)
  • [● 4 SOURCES] Pilbara iron‑ore production in the first half of 2026 increased 6 % to 162.3 million tonnes. (statement)
  • [● 6 SOURCES] Rio Tinto's net profit for the first half of 2026 was US$6.7 billion, a 47% increase year‑on‑year. (statement)

Sources

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