Apple Easily Beats Wall Street Expectations, Services Revenue Shoots Up 16% to Record $31 Billion in March 2026 Quarter

By Todd Spangler

Todd Spangler

NY Digital Editor

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Apple hit another high note in the first three months of 2026, delivering an earnings beat driven by a surge in iPhone sales and continued momentum in its Services segment.

Apple’s Services business revenue in the quarter grew 16.3% to $30.98 billion. That beat Wall Street expectations for $30.4 billion, according to StreetAccount. The segment includes the App Store, Apple TV, Apple Music, Apple Pay, AppleCare, iCloud and advertising.

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