$Apple(AAPL)$ will report Q2 FY2026 earnings after the market closes on April 30. Analysts expect revenue of around $109.6B and adjusted EPS of around $1.96. Appleās key question this quarter is simple: can strong iPhone demand and Services growth support the stock, while supply chain costs remain under control? What to Watch iPhone demand remains the main driver. If Apple shows another strong quarter for iPhone sales, investors may become more confident in the upgrade cycle. Services is also important. With higher margins and steady double-digit growth, it can help offset pressure from rising hardware costs. The main risk is supply chain pressure. Memory prices and advanced chip supply remain key issues, so investors will watch whether Apple can
Apple Rises 2%: Can $100B Buyback Outweigh Inventory Pressure?
Apple reported fiscal Q2 2026 revenue of $111.2 billion, up 17% year-over-year and an all-time record for the March quarter, coming in above the high end of prior guidance. China revenue posted another double-digit increase, iPhone revenue hit a same-period record, and current-quarter guidance surprised to the upside. CFO signaled abandonment of the long-held net-cash-neutral target alongside a fresh $100 billion buyback authorization. Can the buyback underpin the stock, and how significant will memory cost headwinds prove to be?
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