SAN FRANCISCO, United States (US): Apple on Thursday announced financial results for its fiscal 2026 second quarter ended March 28, with quarterly revenue of USD111.2 billion (approx. RM444.8 billion), up 17 per cent year over year, reported Xinhua.
The company posted quarterly earnings per diluted share of USD2.01 (RM8.04), up 22 per cent year over year.
Its net income for the quarter increased to USD29.58 billion (approx. RM118.32 billion) from USD24.78 billion (approx. RM99.12 billion) a year ago.
The company’s service sales rose to USD30.98 billion (RM123.92 billion) from USD26.65 billion (RM106.60 billion) year on year, and its sales of iPhone increased to USD56.99 billion (RM227.96 billion) from USD46.84 billion (RM187.36 billion) a year ago.
Its sales of Mac rose to USD8.4 billion (RM33.6 billion) from USD7.95 billion (approx. RM37 billion) a year ago, while sales of iPad increased to USD6.91 billion (approx. RM32 billion) from USD6.4 billion (approx. RM30 billion).
Sales of Wearables, Home and Accessories products rose to USD7.9 billion from USD7.52 billion a year ago.
Apple’s net sales in the Greater China region increased to USD20.5 billion from USD16 billion a year ago, according to Apple’s financial statement.
“Today Apple is proud to report our best March quarter ever, with revenue of USD111.2 billion and double-digit growth across every geographic segment,” said Apple’s Chief Eexecutive Officer, Tim Cook.
“iPhone achieved a March quarter revenue record, fuelled by such extraordinary demand for the iPhone 17 lineup.”
Apple’s board of directors has declared a cash dividend of USD0.27 per share of the company’s common stock, an increase of four per cent.
The dividend is payable on May 14, 2026, to shareholders of record as of the close of business on May 11, 2026.
The board of directors has also authorised an additional programme to repurchase up to USD100 billion of the company’s common stock. – BERNAMA-XINHUA
