Apple today announced financial results for its fiscal 2026 third quarter ended June 27, 2026. The company posted quarterly revenue of $109.4 billion, up 16 percent year over year. Company gross margin was 50.1 percent, including a favorable impact of approximately 2 percentage points from tariff refunds. Diluted earnings per share was $2.02, up 29 percent year over year, and included a favorable impact of $0.11 from tariff refunds. “Today, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,” said Tim Cook, Apple’s CEO, in a statement. “At WWDC26, we were thrilled to introduce the all-new Siri AI, alongside all of Apple’s latest software innovations and important new child safety features.” “We are very pleased with our record business performance during the quarter, which set new June quarter records for both EPS and operating cash flow,” said Kevan Parekh, Apple’s CFO. “Our installed base of active devices also reached a new all-time high across all major product categories and geographic segments.” Apple’s board of directors has declared a cash dividend of $0.27 per share of the Company’s common stock. The dividend is payable on August 13, 2026, to shareholders of record as of the close of business on August 10, 2026. Apple will provide live streaming of its Q3 2026 financial results conference call beginning at 2:00 p.m. PT on July 30, 2026, at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter. Wall Street was looking for solid double-digit growth. Consensus forecasts (drawn from roughly 27–31 analysts) called for: • Revenue of approximately $108.9 billion, up about 16% from $94.0 billion a year earlier. The post Apple reports blockbuster third quarter results appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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Thursday, July 30, 2026
Apple reports blockbuster third quarter results
Berkshire Hathaway still holds $60 billion in Apple shares — and the stake keeps quietly growing
Despite heavy – and rather ill-timed – selling that reduced Berkshire Hathaway’s Apple position and sparked talk of a shift under new CEO Greg Abel, the tech giant remains the conglomerate’s largest equity holding by far. At roughly 228 million shares worth about $60 billion (around 22% of the stock portfolio), Apple continues to deliver dividends, massive unrealized gains, and a subtle ownership boost from the company’s relentless share buybacks—showing the trim was about risk management, not a loss of conviction. Micah Zimmerman for The Motley Fool:
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Berkshire Hathaway still holds $60 billion in Apple shares — and the stake keeps quietly growing appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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Tuesday, July 28, 2026
What’s new in Apple’s iOS 26.6 and iPadOS 26.6
Apple released iOS 26.6 and iPadOS 26.6 to the public on July 27, 2026. These are maintenance updates focused on stability, security, and quiet preparation for the major iOS 27 and iPadOS 27 releases expected this fall, rather than flashy new user-facing features. Apple’s official release notes for both platforms are nearly identical: “This update includes bug fixes, security updates and optimizes the Spotlight index to prepare for iOS 27” (or iPadOS 27). Spotlight index optimization for the next major release The most significant change is largely invisible. iOS 26.6 and iPadOS 26.6 begin optimizing and re-indexing device data for Spotlight. This work is foundational for the overhauled Spotlight search and deeper Siri AI integration coming in the “27” generation, where search and on-device intelligence will be more tightly linked. Early beta testers of the next major OS versions reported that full indexing could take a week or longer on devices with large amounts of data. By starting the process now, Apple aims to deliver a smoother upgrade experience in the fall, so the enhanced features are ready (or nearly ready) right after installation. Security updates The updates deliver a substantial security payload—more than 70–75 fixes across the two platforms. These address issues in areas including the kernel, MediaRemote (a path-handling vulnerability that could allow root privileges), WebKit, Accessibility (including protections related to iPhone Mirroring), Siri information disclosure, App Store, Game Center, and others. Apple has also strengthened Apple Maps by introducing BlastDoor-style sandboxing (MapsBlastDoorSupport.framework and a dedicated service). This isolates potentially risky map data processing in a manner similar to iMessage’s security architecture, reducing the impact of any future vulnerabilities without changing how users interact with the app. Other notable changes • Blocked Contacts Limit Reached alert: iOS and iPadOS impose a limit on the number of blocked contacts (reported around 20,000). Previously there was little or no clear feedback when the limit was hit. The update adds an explicit alert that directs users to remove an existing blocked contact before adding another. • Enterprise/managed device fix: Resolution for an issue where the DisableAssociationMACRandomization configuration key did not properly prevent changes to the Private Wi-Fi Address setting. Various additional bug fixes for reliability and edge cases accumulated since earlier 26.x point releases. No major interface redesigns, new apps, or high-profile user features were introduced. These point releases follow the pattern of later 26.x updates as Apple shifts primary development focus to the next major generation. Availability and recommendation iOS 26.6 and iPadOS 26.6 are available now via Settings > General > Software Update on compatible devices (generally iPhone 11 and later for iOS, and corresponding recent iPad models for iPadOS). They are widely viewed as the final significant point updates in the 26 series before the fall “27” launches. MacDailyNews Note: Because of the large number of security patches and the proactive Spotlight preparation work, users are encouraged to install the updates promptly. Doing so improves current device security and positions devices for a cleaner transition to the upcoming major OS versions and their enhanced AI capabilities. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post What’s new in Apple’s iOS 26.6 and iPadOS 26.6 appeared first on MacDailyNews. Invite your friends and earn rewards
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Apple reports blockbuster third quarter results
Apple today announced financial results for its fiscal 2026 third quarter ended June 27, 2026. ͏ ͏ ͏ ͏ ͏ ͏ ...
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