SAN FRANCISCO - Apple on Thursday reported revenue of $109.42 billion for its fiscal 2026 third quarter that ended on June 27, up 16 percent year over year, setting a record for a June quarter.

Apple reports its June-quarter results on 30 July, and Counterpoint Research expects iPhone revenue to cross $50 billion for the first time in a June quarter. Holding iPhone…

Apple shares are trading slightly lower in Thursday's premarket as investors weigh if upcoming earnings can justify the recent record highs.