Apple has delivered a stronger-than-expected second quarter for fiscal 2026, beating its own guidance and market forecasts, with growth powered largely by iPhone demand and continued momentum in services. The company reported revenue of $111.2 billion for the March quarter, up 17% year on year—comfortably above its earlier projection of 13–16% growth. Net profit came in at $29.58 billion, while earnings per share stood at $2.01, ahead of analyst expectations of $1.94 on $109.73 billion in revenue.At a category level, the iPhone once again did the heavy lifting, generating $56.99 billion in revenue. Services followed with $30.98 billion, underlining Apple’s ongoing shift towards recurring, high-margin income streams. Mac revenue stood at $8.40 billion, iPad at $6.91 billion, and…
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Source timesofindia.indiatimes.com
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