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Apple Reports Record Q2 2026 Revenue — iPhone 17 Most Popular in History

By AnsuranPhone1 May 2026
Apple Reports Record Q2 2026 Revenue — iPhone 17 Most Popular in History

Apple Reports Record USD111.2 Billion Revenue in Q2 2026 — Up 17% Year-over-Year

Apple Inc. announced its fiscal second quarter 2026 results on April 30, 2026, reporting record revenue of USD111.2 billion, a 17% increase compared to the same period last year (according to Apple's official earnings report). Net profit reached USD29.58 billion with earnings per share of USD2.01.

How Strong Is iPhone 17 Demand?

iPhone 17 demand has been so strong that Apple CEO Tim Cook described it as "off the charts" (according to Tim Cook's interview with Reuters, April 30, 2026). iPhone sales contributed USD56.99 billion to the quarter's total revenue.

Apple also confirmed that the iPhone 17 lineup is now the most popular model family in the company's history. However, Cook acknowledged that supply constraints impacted sales — meaning Apple could have sold even more units if stock was sufficient.

What Does This Mean for the Malaysian Market?

Aspect

Details

Global demand

iPhone 17 most popular in Apple's history

Quarterly revenue

USD111.2 billion (+17% YoY)

iPhone revenue

USD56.99 billion

Supply issue

Constraints affected total unit sales

For users in Malaysia, strong global demand means iPhone 17 Pro Max 256GB and iPhone 17 Pro 256GB stock may take longer to reach the local market. Those planning to purchase through installment plans are advised to act early to avoid delays.

Apple's Revenue Growth Remains Strong

Apple also provided guidance of 14% to 17% growth for the next quarter (June 2026 quarter), showing strong confidence in global market demand, driven primarily by iPhone 17 and AI technology investments (according to Apple Q2 FY2026 earnings presentation).