Investor Buys More Apple as Re-Rating Targets $400 and $100B Buyback
Apple reported revenue of $109.42B, up 16.36% YoY, with EPS of $2.02 and a 9th straight EPS beat. Services reached $30.74B with 75.6% gross margin and over 1.5 billion paid subscriptions. The board authorized a new $100B buyback and raised the dividend by 4% in Q2 FY26. Apple also guided for 9% to 11% September-quarter growth.