Apple hails 'extraordinary' iPhone demand as boss Tim Cook heads out

Cook is preparing to bow out after 15 years at the helm and hand over to John Ternus.

Apple announced record earnings for its March quarter, with iPhone sales revenue up 22% year over year, marking the best March quarter ever.

Apple's Q2 earnings exceeded analysts' expectations, with revenue of $111.2 billion driven by strong iPhone 17 sales, as CEO Tim Cook prepares to transition to executive chairman.

Apple reported $111.2 billion in revenue for Q2 2026, surpassing Wall Street expectations, with CEO Tim Cook announcing his upcoming departure after 15 years at the helm.

Apple reported a record quarter with $111.2 billion in revenue, but CEO Tim Cook warned of potential memory chip supply issues affecting future business.

Apple's iPhone 17 lineup saw 'extraordinary' demand, contributing to a 17% increase in overall product sales to $111 billion in Q2 2026.

Apple achieved a record $111.2 billion in revenue for Q2 2026, driven by strong iPhone sales and a new all-time high in services revenue.