Apple Inc.

AAPL

Apple Inc.

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Apple Inc..

R40: 46 · 2026 Q2 $4.58T
$308.91
News

Coverage

News

We Said Buffett's Apple Selling Was the Statement. Apple Then Became the Most Valuable Company in the World.

In February we argued that Warren Buffett quietly selling down two-thirds of his Apple stake was itself the argument. Five months later Apple overtook Nvidia to become the most valuable company on earth — and we never wrote the follow-up. Berkshire reports Monday, for the third time under a different CEO, and the number most likely to be misread is its earnings per share.

R40
News

Apple Q3 FY2026: Tim Cook's Final Quarter as CEO — a Beat That Still Cost Investors Billions

Apple beat on revenue and EPS, grew iPhone sales 22%, and posted its best June quarter ever — then fell more than 6% after hours on weak guidance and Tim Cook's warning about a 'hundred-year flood' in memory chip supply. In his final earnings call as CEO, the real story was what came next, not the quarter itself.

R40
News

The AI Capex Bet, Six Months In: What the Mag 7 Actually Spent (and What the Market Learned)

Our February call was a $700B AI capex arms race. Six months and a full Q2 earnings season later, actual guidance has blown past that number, free cash flow is cratering at multiple hyperscalers, and the market has started rewarding capex very differently depending on who's spending it. Here's what changed.

R40
News

Apple Just Posted Its Best Quarter Ever. Buffett Kept Selling.

Apple posted a record $143.7B quarter with 16% revenue growth. Buffett sold another 10.3M shares. The FTC is circling. And the stock is down 8% from its January highs. Something doesn't add up.

R40
News

The $700B AI Bet: Inside the Mag 7's Record 2026 CapEx Arms Race

The Magnificent Seven are set to spend $700B+ on AI infrastructure in 2026, up 60% from 2025. We break down who's spending what, the supply chain winners, and why the market is spooked.

R40
News

Apple to allow third-party voice AI in CarPlay

Opening CarPlay to external chatbots with voice control in coming months.

@StockMKTNewz on X (via Bloomberg report)

See all news →

Rule of 40 2026 Q2
45.5
✓ Passing
Revenue Growth YoY +16.4%
+
FCF Margin +29.2%
History
31
Q3
26
Q4
2024 R40 +27
27
Q1
36
Q2
34
Q3
52
Q4
2025 R40 +38
41
Q1
46
Q2
ANALYST RATINGS
Buy Avg target withheld — over 90 days old
Latest analyst action Feb 11, 2026
AAPL
Bernstein
Outperform $340
Reiterated
2026-02-10
Maxim Group
Buy $300
Upgrade
2026-01-30
Rosenblatt
Neutral $267
Reiterated
2026-01-30
Monness Crespi & Hardt
Buy $315
Reiterated
2026-01-30
JP Morgan
Overweight $325
Reiterated
2026-01-30

See all 18 ratings →

Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q2 2026-06-30 2026-07-30 Details →
2026 Q1 2026-03-31 2026-05-01 Details →
2025 Q4 2025-12-31 2026-01-29 Details →
2025 Q3 2025-09-30 2025-10-30 Details →
2025 Q2 2025-06-30 2025-07-31 Details →
2025 Q1 2025-03-31 2025-05-01 Details →
2024 Q4 2024-12-31 2025-01-30 Details →
2024 Q3 2024-09-30 2024-10-31 Details →
2024 Q2 2024-06-30 2024-08-01 Details →
2024 Q1 2024-03-31 2024-05-02 Details →
2023 Q4 2023-12-31 2024-02-01 Details →
2023 Q3 2023-09-30 2023-11-02 Details →
2023 Q2 2023-06-30 2023-08-03 Details →
2023 Q1 2023-03-31 2023-05-04 Details →
2022 Q4 2022-12-31 2023-02-02 Details →
2022 Q3 2022-09-30 2022-10-27 Details →
2022 Q2 2022-06-30 2022-07-28 Details →
2022 Q1 2022-03-31 2022-04-28 Details →
2021 Q4 2021-12-31 2022-01-27 Details →
2021 Q3 2021-09-30 2021-10-28 Details →
2021 Q2 2021-06-30 2021-07-27 Details →
2021 Q1 2021-03-31 2021-04-28 Details →
2020 Q4 2020-12-31 2021-01-27 Details →
2020 Q3 2020-09-30 2020-10-29 Details →
2020 Q2 2020-06-30 2020-07-30 Details →
2020 Q1 2020-03-31 2020-04-30 Details →

All AAPL earnings →

Background

Company History

Exchange
NASDAQ
IPO Date
Dec 12, 1980
IPO Price
$22.00
as issued; not split-adjusted, so not comparable to the current price
Shares Outstanding
14.81B
1976
Founding of Apple

Apple Computer Company founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in Los Altos/Cupertino, California, to market the Apple I personal computer kit.

1977
Incorporation and Apple II Launch

Incorporated as Apple Computer, Inc. in Cupertino; Apple II launched at West Coast Computer Faire, becoming a major success with color graphics and open architecture.

1980
IPO on Nasdaq

Went public on December 12, 1980, selling 4.6 million shares and generating over $100 million, creating around 300 millionaires.

1984
Macintosh Launch

Introduced as the first mass-market computer with a graphical user interface and mouse; debuted with the iconic

2007
iPhone Launch

Steve Jobs announced the iPhone and renamed the company to Apple Inc.; revolutionized smartphones with touchscreen interface and app ecosystem.

2012
Commitment to Renewable Energy

Apple promised to eliminate coal power from its energy use following Greenpeace protests.

2013
Data Centers Go Renewable

Apple

2026
CEO Transition

John Ternus succeeds Tim Cook as Chief Executive Officer on 2026-09-01.

Leadership

Key Players

showing 6 of 24 · see all leadership & board

Tim Cook
Chief Executive Officer until 1 September 2026
@tim_cook
CEO since 2011, succeeding Steve Jobs. Oversaw Apple becoming the first U.S. company to surpass $3 trillion market cap. Known for operational excellence, supply chain mastery, and expanding Apple into services, wearables, and health tech.
Sabih Khan
Chief Operating Officer
COO overseeing Apple's worldwide operations, supply chain, and logistics. Longtime Apple veteran who helped build the company's globally resilient manufacturing and distribution network.
Kevan Parekh
Senior Vice President and Chief Financial Officer
CFO managing Apple's financial planning, investor relations, treasury, and M&A activities. Succeeded Luca Maestri as CFO.
Katherine Adams
Senior Vice President and General Counsel
Leads Apple's legal, corporate governance, and global security teams. Joined Apple in 2017 after serving as General Counsel at Honeywell. Manages antitrust, privacy regulation, and IP challenges globally.
Eddy Cue
Senior Vice President, Services
Oversees Apple's services division including iCloud, Apple Music, Apple TV+, Apple News+, and the App Store. Key architect of Apple's recurring revenue ecosystem since the Steve Jobs era.
Craig Federighi
Senior Vice President, Software Engineering
Leads development of iOS, macOS, iPadOS, watchOS, and visionOS. Known for dynamic WWDC keynotes. Champions user privacy, accessibility, and seamless hardware-software integration.
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