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Strong iPhone demand and services revenue propelled Apple’s Q3 earnings
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It was another record-breaking quarter for Apple as strong iPhone demand and revenue from its services were enough to overcome the global memory chip supply constraints that are plaguing the industry.
Apple had yet another strong quarter of iPhone demand with revenues reaching $54.2 billion for the three-month period ending on June 27, 2026.
The services division, which encompasses digital content, cloud, financial and advertising among others, continued its rise and hit the $30.7 billion mark.
Mac revenues saw a healthy 29% jump to $10.3 billion while iPad sales were slightly down to $6.2 billion.
The wearables, home and accessories division saw a slight 7% bump up to $7.9 billion.