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Apple (AAPL.O) CFO: The company received approximately $600 million in tariff refunds in the second fiscal quarter.
2026-07-31
Apple (AAPL.O) CFO: The company received approximately $600 million in tariff refunds in the second fiscal quarter.
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2026-07-31
Apple reported third fiscal quarter revenue of $109.42 bln, up 16.4% YoY and marginally above the $108.65 bln consensus. EPS was $2.02, including $0.11 from a tariff rebate; adjusted EPS exceeded the $1.89 estimate. iPhone sales rose 21.7% to $54.25
Apple reported third fiscal quarter revenue of $109.42 bln, up 16.4% YoY and marginally above the $108.65 bln consensus. EPS was $2.02, including $0.11 from a tariff rebate; adjusted EPS exceeded the $1.89 estimate. iPhone sales rose 21.7% to $54.25 bln, beating the $53.86 bln forecast and setting a Q3 record. Global memory-chip shortages lifted Mac and iPad prices this quarter, which the company says prompted earlier iPhone purchases; Apple has not raised iPhone list prices but the Street generally expects price increases at the September launch. Greater China revenue was $18.82 bln versus $19.67 bln expected. Apple shares fell about 4% in after-hours trading.
2026-07-31
Iranian Foreign Minister Araghchi told Cyprus's foreign minister that Cyprus must not allow foreign military bases on its territory to be used for actions against Iran.
Iranian Foreign Minister Araghchi told Cyprus's foreign minister that Cyprus must not allow foreign military bases on its territory to be used for actions against Iran.
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