Apple Inc. (AAPL)

The company now

Apple's newest filed quarter, the three months to 27 June 2026, brought revenue of $109.4 billion, up 16 percent, and net income of $29.8 billion 2. iPhone sales rose 22 percent on demand for the Pro models, and product margins were lifted by refunds of tariffs that the Supreme Court struck down in February 1.

The company changed hands at the top on 1 September 2026, when John Ternus, who ran hardware engineering, became chief executive and Tim Cook became executive chair 4. Under Ternus, iPhone 18 Pro went on sale on 18 September and iPhone Duo, the first foldable iPhone, on 23 October 121113.

The open question is cost: on the July call, Apple guided revenue growth of 9 to 11 percent for the September quarter and a gross margin of 47 to 48 percent 3. Apple blamed memory chips, describing their pricing on the call as "a 100-year flood", and the results for that quarter are due on 2 November 331. Early iPhone Duo buyers have also reported cracked inner screens, which Apple told MacRumors affect "a small number" of units 16.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.