… The business generated a record $30.9 billion during the March quarter, up from $26.6 billion a year earlier, as subscriptions and other recurring revenue continued to expand. iPhone 17 Pro A $5 trillion valuation raises the pressure on Apple to keep delivering. …
… Here are the details. iPhone 17 lineup success keeps on giving According to Counterpoint Research , Apple set two revenue records in Q1 2026. First, the company captured 48% of total smartphone market revenue, its highest-ever share in a first quarter. …
… Read all comments on iPhones Aren’t Just Rising In Global Shipments, But They’re Eating Competitors’ Profits As Apple’s Q1 2026 Revenue Share Towers Over Others
… A stable margin profile would likely do more to reassure investors than another upside revenue print. …
… That pace increased pressure on Apple to prove it can stay competitive in AI without loosening control over its ecosystem. Apple& 039;s hardware revenue remains cyclical, while Services growth has become a more stabilizing force for investors. …
… Because advanced nodes account for most of its wafer revenue, even a mid-single-digit increase across that base could add billions of dollars in annual revenue if demand remains strong. …
… However, Apple saw iPad revenue fall 5% year over year, while Services recorded its first sequential decline since 2022, with revenue of $30.73 billion for the period, a 12% increase year over year. …
… Rising memory costs are emerging as a near-term pressure point , driven by increased demand tied to AI workloads. Those costs could weigh on margins in the coming quarters even as revenue growth remains strong. …
… Apple reported fiscal third-quarter revenue of $109.4 billion on July 30 , up 16% from the previous year. iPhone revenue reached a June-quarter record of $54.3 billion, while Mac revenue climbed 29%. …
… The company blends hardware, first-party services, and controlled distribution into one system, which makes it harder to isolate taxable digital revenue. Poland is taxing specific revenue streams rather than entire companies, according to Reuters, and that creates room to maneuver. …