Apple's Q2 '26 report card: $111 billion in revenue, a record on every line, and a memory bill coming due
TIMESOFINDIA.COM / May 01, 2026, 14:34 (IST)
Apple posted its best March quarter ever in Q2 FY2026—$111.2 billion in revenue, up 17% year over year, with iPhone sales jumping 22% to $57 billion and Services hitting an all-time high of $31 billion. Every product category and every geographic region grew. The catch: memory costs are rising fast, Mac supply can't keep up with demand, and Tim Cook is handing the CEO role to John Ternus on September 1.