Apple Crushes Q3 Earnings Expectations with Record Revenue Growth

Apple's quarterly revenue reached $109.42 billion, up 16.40 percent from the prior year quarter. This significant growth is reflected in the company's Q3 FY26 financial results.

The net income attributable to common shareholders was $29.79 billion, with diluted EPS (earnings per share) at $2.02. This exceeded the consensus estimate of $1.89, according to Yahoo Finance.

JPMorgan reaffirmed its Buy rating on Apple stock, while the analyst consensus remains Moderate Buy with an average price target of $340.14. The market capitalization of Apple is a staggering $5.0 trillion.