Apple has announced a record revenue of $111.2 billion for its fiscal second quarter of 2026, marking a 17% increase compared to the same period last year. This performance exceeded Wall Street's expectations, which had projected revenues between $109.6 billion and $109.7 billion. Additionally, the company reported diluted earnings per share of $2.01, reflecting a 22% year-over-year growth and surpassing analyst forecasts of approximately $1.96. The surge in revenue has been attributed to robust demand for the iPhone 17.
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