{"id":5228,"date":"2026-07-30T21:09:35","date_gmt":"2026-07-30T21:09:35","guid":{"rendered":"https:\/\/relocationobserver.com\/?p=5228"},"modified":"2026-07-30T21:09:35","modified_gmt":"2026-07-30T21:09:35","slug":"apple-sales-rise-16-to-record-109-billion-for-june-quarter-services-revenue-falls-short-of-forecasts","status":"publish","type":"post","link":"https:\/\/relocationobserver.com\/?p=5228","title":{"rendered":"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts"},"content":{"rendered":"
\n
\n<\/p>\n
\n

\nApple turned in another solid earnings report overall for the June 2026 quarter, which marks the last earnings period for outgoing CEO Tim Cook.<\/p>\n

Read more Anne Sweeney Resigns From Netflix Board<\/a><\/p>\n

\n\tFor the three months ended June 27, Apple\u2019s Q3 of fiscal 2026, the tech giant reported total revenue of $109.4 billion, up 16% \u2014 a new record for the June quarter. Net income came in at $29.8 billion, an increase of 27%, translating to diluted earnings per share of $2.02. The results topped Wall Street expectations.<\/p>\n

\n\tApple\u2019s earnings per share were lifted 5% by tariff refunds, which represented 11 cents of the EPS. That came after the U.S. Supreme Court struck down President Donald Trump\u2019s previously implemented global tariffs policy in February 2026.<\/p>\n

\n\tHelping drive the top line again was Apple\u2019s services business, which turned in a new quarterly revenue record with $30.7 billion (up 12.1%). However, financial analysts were expecting a stronger showing, forecasting $31.2 billion in sales. The services segment includes the App Store, Apple TV, Apple Music, Apple Pay, AppleCare, iCloud and advertising.<\/p>\n

\n\tThe company\u2019s core iPhone biz turned in better-than-expected growth, with revenue up 22% to $54.3 billion for the June quarter.<\/p>\n

Read more Verve Promotes Three to Agent Across Television, Motion Picture Literary and Digital Departments (EXCLUSIVE)<\/a><\/p>\n

\nCook will step down as Apple CEO after 15 years as of Sept. 1, when John Ternus, senior VP of hardware engineering, will succeed him in the role. Cook will become executive chairman of Apple\u2019s board.<\/p>\n

\n\t\u201cToday, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,\u201d said\u00a0Cook in prepared remarks.<\/p>\n

\n\tFor the June quarter, Wall Street analysts had expected overall revenue of $108.65 billion and earnings per share of $1.89, according to data provider LSEG.<\/p>\n

\n(Pictured above: Apple\u2019s John Ternus and Tim Cook at the premiere of Apple TV\u2019s \u201cTed Lasso\u201d Season 4 at the Academy Museum of Motion Pictures in Los Angeles on July 27<\/em>)<\/em><\/p>\n

Read more \u2018Human Centipede\u2019 Creator Reveals Last Movie \u2018The End of Tom Six\u2019; He Filmed for Six Years While Living in Isolation With Multiple Sclerosis (EXCLUSIVE)<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Apple turned in another solid earnings report for the June 2026 quarter, which marks the last earnings period for outgoing CEO Tim Cook.<\/p>\n","protected":false},"author":1,"featured_media":5227,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[364,4140],"class_list":["post-5228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","tag-apple","tag-tim-cook"],"yoast_head":"\nApple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts - Relocation Observer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/relocationobserver.com\/?p=5228\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts - Relocation Observer\" \/>\n<meta property=\"og:description\" content=\"Apple turned in another solid earnings report for the June 2026 quarter, which marks the last earnings period for outgoing CEO Tim Cook.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/relocationobserver.com\/?p=5228\" \/>\n<meta property=\"og:site_name\" content=\"Relocation Observer\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-30T21:09:35+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/#\\\/schema\\\/person\\\/2243ff062b31c5195cd0d9f83884e83e\"},\"headline\":\"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts\",\"datePublished\":\"2026-07-30T21:09:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228\"},\"wordCount\":363,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/relocationobserver.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/27d86a3039e1491638b8cd83117892ee.webp\",\"keywords\":[\"Apple,\",\"Tim Cook\"],\"articleSection\":[\"Digital\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228\",\"url\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228\",\"name\":\"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts - Relocation Observer\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/relocationobserver.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/27d86a3039e1491638b8cd83117892ee.webp\",\"datePublished\":\"2026-07-30T21:09:35+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/#\\\/schema\\\/person\\\/2243ff062b31c5195cd0d9f83884e83e\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/relocationobserver.com\\\/?p=5228\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#primaryimage\",\"url\":\"https:\\\/\\\/relocationobserver.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/27d86a3039e1491638b8cd83117892ee.webp\",\"contentUrl\":\"https:\\\/\\\/relocationobserver.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/27d86a3039e1491638b8cd83117892ee.webp\",\"width\":1000,\"height\":563},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/?p=5228#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/relocationobserver.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/#website\",\"url\":\"https:\\\/\\\/relocationobserver.com\\\/\",\"name\":\"Relocation Observer\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/relocationobserver.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/relocationobserver.com\\\/#\\\/schema\\\/person\\\/2243ff062b31c5195cd0d9f83884e83e\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/relocationobserver.com\"],\"url\":\"https:\\\/\\\/relocationobserver.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts - Relocation Observer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/relocationobserver.com\/?p=5228","og_locale":"en_US","og_type":"article","og_title":"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts - Relocation Observer","og_description":"Apple turned in another solid earnings report for the June 2026 quarter, which marks the last earnings period for outgoing CEO Tim Cook.","og_url":"https:\/\/relocationobserver.com\/?p=5228","og_site_name":"Relocation Observer","article_published_time":"2026-07-30T21:09:35+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/relocationobserver.com\/?p=5228#article","isPartOf":{"@id":"https:\/\/relocationobserver.com\/?p=5228"},"author":{"name":"admin","@id":"https:\/\/relocationobserver.com\/#\/schema\/person\/2243ff062b31c5195cd0d9f83884e83e"},"headline":"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts","datePublished":"2026-07-30T21:09:35+00:00","mainEntityOfPage":{"@id":"https:\/\/relocationobserver.com\/?p=5228"},"wordCount":363,"commentCount":0,"image":{"@id":"https:\/\/relocationobserver.com\/?p=5228#primaryimage"},"thumbnailUrl":"https:\/\/relocationobserver.com\/wp-content\/uploads\/2026\/07\/27d86a3039e1491638b8cd83117892ee.webp","keywords":["Apple,","Tim Cook"],"articleSection":["Digital"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/relocationobserver.com\/?p=5228#respond"]}]},{"@type":"WebPage","@id":"https:\/\/relocationobserver.com\/?p=5228","url":"https:\/\/relocationobserver.com\/?p=5228","name":"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts - Relocation Observer","isPartOf":{"@id":"https:\/\/relocationobserver.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/relocationobserver.com\/?p=5228#primaryimage"},"image":{"@id":"https:\/\/relocationobserver.com\/?p=5228#primaryimage"},"thumbnailUrl":"https:\/\/relocationobserver.com\/wp-content\/uploads\/2026\/07\/27d86a3039e1491638b8cd83117892ee.webp","datePublished":"2026-07-30T21:09:35+00:00","author":{"@id":"https:\/\/relocationobserver.com\/#\/schema\/person\/2243ff062b31c5195cd0d9f83884e83e"},"breadcrumb":{"@id":"https:\/\/relocationobserver.com\/?p=5228#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/relocationobserver.com\/?p=5228"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/relocationobserver.com\/?p=5228#primaryimage","url":"https:\/\/relocationobserver.com\/wp-content\/uploads\/2026\/07\/27d86a3039e1491638b8cd83117892ee.webp","contentUrl":"https:\/\/relocationobserver.com\/wp-content\/uploads\/2026\/07\/27d86a3039e1491638b8cd83117892ee.webp","width":1000,"height":563},{"@type":"BreadcrumbList","@id":"https:\/\/relocationobserver.com\/?p=5228#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/relocationobserver.com\/"},{"@type":"ListItem","position":2,"name":"Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts"}]},{"@type":"WebSite","@id":"https:\/\/relocationobserver.com\/#website","url":"https:\/\/relocationobserver.com\/","name":"Relocation Observer","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/relocationobserver.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/relocationobserver.com\/#\/schema\/person\/2243ff062b31c5195cd0d9f83884e83e","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/relocationobserver.com"],"url":"https:\/\/relocationobserver.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/relocationobserver.com\/index.php?rest_route=\/wp\/v2\/posts\/5228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relocationobserver.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relocationobserver.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relocationobserver.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relocationobserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5228"}],"version-history":[{"count":0,"href":"https:\/\/relocationobserver.com\/index.php?rest_route=\/wp\/v2\/posts\/5228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relocationobserver.com\/index.php?rest_route=\/wp\/v2\/media\/5227"}],"wp:attachment":[{"href":"https:\/\/relocationobserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relocationobserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relocationobserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}