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Business

Apple beats Q4 2026 earnings on iPhone strength, misses China revenue

Apple posted a $2.10 EPS and $114.48 billion in revenue, topping expectations, but Greater China revenue fell short of forecasts.

By Published · 12:03 PM · Updated · 1 min read
Apple beats Q4 2026 earnings on iPhone strength, misses China revenue

Key points

  • Apple’s Q4 2026 EPS was $2.10 versus the $2.00 forecast.
  • Revenue totaled $114.48 billion, below the $113.46 billion estimate.
  • iPhone sales reached $57.58 billion, above the $56.48 billion projection.
  • Greater China revenue was $17.54 billion, missing the $18.75 billion estimate but up 28% YoY.
  • Apple cited supply constraints on Mac and iPad for the December quarter.

Apple Q4 2026 earnings results

Apple (AAPL) reported its fourth‑quarter 2026 earnings after the market close on Monday.

The results marked the first earnings call led by new chief executive John Ternus, who succeeded Tim Cook on Sept. 1.

Apple posted earnings per share of $2.10 on revenue of $114.48 billion.

Analysts had expected earnings per share of $2.00 and revenue of $113.46 billion, according to Bloomberg consensus.

iPhone sales generated $57.58 billion, exceeding the estimate of $56.48 billion.

Services revenue was $31.57 billion, essentially matching the projected $31.58 billion.

Mac revenue reached $10.79 billion, above the $9.69 billion forecast.

Wearables and iPad contributed $8.30 billion and $6.23 billion respectively.

Greater China revenue came in at $17.54 billion, short of the $18.75 billion estimate.

Despite the miss, Greater China revenue was up 28 percent year‑over‑year.

Apple said it expects supply constraints on Mac and iPad in the December quarter because of memory‑chip demand.

The company also noted strong sales out of Greater China for iPhone and Mac.

Overall, revenue fell short of Wall Street expectations for the quarter.

Your questions, answered

What was Apple’s Q4 2026 earnings per share?

Apple reported earnings per share of $2.10 for Q4 2026.

Did Apple meet its revenue expectations for Q4 2026?

Apple’s revenue of $114.48 billion fell short of the $113.46 billion forecast.

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