Apple Q2 2026 earnings expectations

PARAGRAPH 1 --- Apple Inc. (AAPL) reported strong fiscal Q2 2026 results on April 29, driven by robust iPhone sales and growth in its wearables and services segments. The company's revenue reached $105.2 billion, up 12% year-over-year, beating Wall Street's expectations. Notably, this quarter marked the end of Tim Cook's 12-year tenure as CEO, with John Ternus set to take over in September.

PARAGRAPH 2 --- The market impact was significant. Tech stocks rallied, with AAPL shares hitting an all-time high. The results reassured investors about the company's growth prospects under new leadership. The strong performance also boosted confidence in the broader tech sector, with other megacap tech stocks like Microsoft and Alphabet experiencing gains.

PARAGRAPH 3 --- Next, investors will watch Apple's Q3 2026 earnings, due in late July, for further insights into Ternus's leadership and growth strategies. Additionally, the market will closely monitor the launch of Apple's rumored mixed-reality headset, expected in late 2026, which could drive growth in the wearables segment.