Apple reports record March-quarter revenue


SAN FRANCISCO, April 30 (Xinhua) -- Apple on Thursday announced financial results for its fiscal 2026 second quarter ended March 28, with quarterly revenue of 111.2 billion U.S. dollars, up 17 percent year over year.

The company posted quarterly earnings per diluted share of 2.01 dollars, up 22 percent year over year.

Its net income for the quarter increased to 29.58 billion dollars from 24.78 billion dollars a year ago.

The company's service sales rose to 30.98 billion dollars from 26.65 billion dollars year on year, and its sales of iPhone increased to 56.99 billion dollars from 46.84 billion dollars a year ago.

Its sales of Mac rose to 8.4 billion dollars from 7.95 billion dollars a year ago, while sales of iPad increased to 6.91 billion dollars from 6.4 billion dollars.

Sales of Wearables, Home and Accessories products rose to 7.9 billion dollars from 7.52 billion dollars a year ago.

Apple's net sales in the Greater China region increased to 20.5 billion dollars from 16 billion dollars a year ago, according to Apple's financial statement.

"Today Apple is proud to report our best March quarter ever, with revenue of 111.2 billion (dollars) and double-digit growth across every geographic segment," said Apple's CEO Tim Cook. "iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup."

Apple's board of directors has declared a cash dividend of 0.27 dollars per share of the company's common stock, an increase of 4 percent. 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 authorized an additional program to repurchase up to 100 billion dollars of the company's common stock.

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