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Apple earnings crush Wall Street consensus again, Q2 record smashed

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#apple#earnings#ceo transition#q2 2026#financial results#Tim Cook#John Ternus#Kevan Parekh#Apple#Wall Street
Apple earnings crush Wall Street consensus again, Q2 record smashed
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Apple reported record second-quarter 2026 revenue of $111.2 billion, surpassing Wall Street expectations and achieving growth across all product categories and geographic regions. Services revenue reached $30.9 billion, continuing its upward trend, while iPhone, Mac, iPad, and wearables also posted year-over-year gains. The earnings announcement coincided with news of a leadership transition, with Tim Cook stepping down as CEO in favor of John Ternus, who will take over on September 1, 2026.

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AppleInsider
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News Apple earnings crush Wall Street consensus again, Q2 record smashed Malcolm Owen 0 e-mail BlueSky Mastodon X Facebook Reddit Thu Apr 30 2026, 04:39 PM EDT · 2 minute read Current Apple CEO Tim Cook [left], CFO Kevan Parekh [right] Apple has reported its financials for the second quarter of 2026, posting a second quarter record of $111.2 with gains almost across the board that exceed the expectations of Wall Street analysts. The second quarter of Apple's financial calendar has ended, and is usually a fairly quiet affair following the blockbuster first-quarter figures. For 2026, Q2 has a fair bit of expected spice, due to the John Ternus announcement. In the quarter, Apple's revenue hit $111.2 billion, up from the $95.4 billion reported in the year-ago quarter.

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