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Apple posts 9th straight EPS beat as revenue grows 16%
The company reported quarterly revenue of $109.4B and Services revenue of $30.7B, alongside a $100B buyback.
Apple reported another beat on earnings, delivering Q3 FY26 EPS of $2.02 versus $1.89 expected, alongside revenue growth of 16.4% to $109.4B, according to a Yahoo Finance write-up. The outlet said it was Apple’s ninth straight EPS beat.
The quarter also included iPhone revenue of $54.25B and Services revenue of $30.74B, with Services gross margin cited at 75.6%. The article further said paid subscriptions topped 1.5 billion during the quarter.
Apple’s capital return activity was also highlighted, with the write-up pointing to a $100B buyback intended to reduce the share count and support per-share earnings.
The article added that management flagged memory pricing as a “100-year flood,” and that a one-time tariff refund added 11 cents to EPS, affecting how comparisons may be viewed going forward.