Apple is due to report fiscal fourth-quarter results after Monday’s U.S. market close, with the quarterly results webcast scheduled for 5 p.m. ET / 2 p.m. PT. The report arrives as investors are separating companies that can translate large technology spending into cash flow from those whose returns remain harder to see.
For Apple, the immediate questions are more concrete: iPhone demand, Services growth, gross margin and holiday-quarter guidance.
The latest official baseline
| Fiscal Q3 2026 metric | Apple reported |
|---|---|
| Revenue | $109.4 billion, +16% year over year |
| Diluted EPS | $2.02, +29% |
| Gross margin | 50.1% |
| Services revenue | $30.7 billion, +12% |
Apple said Q3 gross margin included about a 2-percentage-point benefit from tariff refunds. That makes the underlying margin trajectory an especially important comparison in Q4.
What to watch in the iPhone cycle
The iPhone remains Apple’s largest product category, so investors will be looking for evidence that the current device cycle is supporting both unit demand and mix. The more important question is not a single headline revenue number but whether demand carries into the holiday quarter without requiring weaker pricing or margins.
Services and margin quality
Services has become an increasingly important source of recurring revenue and gross profit. A strong Services result can offset slower hardware categories, while a weaker mix or higher component and tariff costs can pressure consolidated margins.
Holiday-quarter guidance may matter more than the backward-looking quarter
Because the fiscal fourth quarter closes before the full holiday selling season, management’s outlook for the December quarter can matter more than the reported September-quarter figures. Investors should watch the revenue-growth range, gross-margin assumptions and any commentary on component supply, tariffs and geographic demand.
Sources
- Apple Investor Relations — quarterly results and filings
- Apple — fiscal Q3 2026 results
- Apple — quarterly earnings webcast
This page is a pre-results guide. Reported figures above are from Apple’s latest completed quarter; tonight’s results should be compared with the company’s actual release rather than treated as known in advance.