Apple Posts Record March Quarter, Lifts Buyback and Dividend as Revenue and Profit Beat Estimates

Apple reported record fiscal second-quarter results, topping Wall Street expectations for both revenue and earnings. The company said revenue rose 17% year over year to $111.2 billion, while earnings per share increased 22% to $2.01.

Apple said the March quarter was its best ever. The company also raised its dividend and authorized a new $100 billion share buyback, adding to the return of cash to shareholders.

One analyst also turned more positive on the stock after the results. Evercore ISI raised its price target on Apple to $365 from $330 and kept an Outperform rating, pointing to continued strength in the company’s services business.

Apple also gave guidance for fiscal third-quarter revenue growth of 14% to 17% year over year, which was above Wall Street expectations in the source texts. The update suggests management sees momentum continuing, even as it faces margin pressure.

Apple beat expectations on revenue and profit, posted record quarterly results, and announced a larger buyback and dividend increase.

Revenue came in at $111.2 billion and earnings per share were $2.01, both higher than a year earlier and above Wall Street expectations in the source texts.

Apple authorized a new $100 billion share buyback, which means it plans to repurchase its own shares.

Yes. Apple said it expects fiscal third-quarter revenue to grow 14% to 17% year over year.

Invezz

Apple (NASDAQ: AAPL) delivered another strong quarterly earnings report, beating Wall Street expectations on both revenue and profit. The company posted its best March quarter ever, with fiscal second-quarter revenue of $111.2 billion, up 17% year on year, and earnings per share of $2.01, up 22%.

Seeking Alpha

Apple delivered record Q2 results, with $111.18B revenue (+16.6% YoY), $2.01 EPS, and robust beats on both top and bottom lines. I am upgrading AAPL to bullish, citing accelerating operational cash flow, a $100B buyback, and renewed R&D focus, especially in AI. Guidance for Q3 revenue growth (14%-17...

24/7 Wall Street

Evercore ISI raised its price target on Apple (NASDAQ:AAPL | AAPL Price Prediction) to $365 from $330 while reiterating its Outperform rating, and the firm flagged a bull case scenario of $500 tied to a Services compounding thesis.

24/7 Wall Street

Apple (NASDAQ:AAPL | AAPL Price Prediction) just delivered its best March quarter ever, raised the dividend, and authorized a fresh $100 billion buyback.

Barrons

Evercore ISI analyst Amit Daryanani increased his price target for Apple to $365 from $330.

Finbold

Having rallied more than 20% since the late March lows and turned more than 8% green year-to-date (YTD), Apple (NASDAQ: AAPL) stock is, by May 15, benefiting from renewed institutional confidence.

24/7 Wall Street

CounterPoint, the well-regarded electronics research firm, shows that, study after study, in China, the US, and globally, sales of the iPhone continue to outpace those of all competitors.

Zacks Investment Research

Zacks.com users have recently been watching Apple (AAPL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Seeking Alpha

Apple Inc. continues to deliver exceptional revenue, profit, and cash flow growth, with Q2 2026 revenue up 16.6% year-over-year. iPhone and Services segments drove record results, with Services achieving 16.3% growth and contributing 43.36% of segment profits. Shareholder returns remain robust, incl...

24/7 Wall Street

Options trader Oliver Rennick delivered a warning while discussing Cisco's earnings setup: “Implied volatility in Cisco is the highest in more than a year.

The Motley Fool

Easing tensions and tariffs would be a critical win for Apple, which does much of its manufacturing in China. Apple also wants to maintain access to an increasingly competitive Chinese retail market.

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