Apple posts record-breaking Q3 as iPhone revenue hits $54.2B and services grow to $30.7B; Mac up 29% to $10.3B, net profits rise 27% to $29.8B
Apple Inc.

Apple posts record-breaking Q3 as iPhone revenue hits $54.2B and services grow to $30.7B; Mac up 29% to $10.3B, net profits rise 27% to $29.8B

Apple reported a record-breaking Q3 with revenues of $109.4 billion, a 16% increase year-over-year. iPhone sales surged to $54.2 billion, while services grew to $30.7 billion. Net profits rose 27% to $29.8 billion, and Mac revenue increased 29% to $10.3 billion.

GSMArena.com GSMArena.com31 July 2026 · 12:31 UTC
CuriousCats Full Story

Apple's Q3 results showcased remarkable growth across its product lines, driven by robust iPhone demand and a thriving services sector.1

Revenues reached $109.4 billion, marking a 16% increase from the previous year.

iPhone sales soared to $54.2 billion, a 21% rise year-over-year, while the services division, which includes digital content and cloud services, hit $30.7 billion.67

Net profits rose 27% to $29.8 billion, reflecting strong operational performance despite global memory chip supply constraints.

Additionally, Mac revenues jumped 29% to $10.3 billion, although iPad sales dipped slightly to $6.2 billion. The wearables, home, and accessories segment also saw a 7% increase to $7.9 billion.89

Apple now boasts 1.5 billion paid subscriptions across its platforms, underscoring the company's expanding ecosystem and customer engagement.

Key Insight
“Revenue reached $109.4 billion, up 16% year-over-year, while net profits rose 27% to $29.8 billion despite global memory chip supply constraints. Apple also reported 1.5 billion paid subscriptions, and iPad sales dipped to $6.2 billion as wearables grew 7% to $7.9 billion.”
CuriousCats studied:
1
GSMArena.comGSMArena.com
“It was another record-breaking quarter for Apple as strong iPhone demand and revenue from its services were enough to overcome the global memory chip supply constraints that are plaguing the industry.”
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