Apple Inc. (AAPL) will report its second-quarter fiscal 2026 results on April 30, with expectations of net sales growth between 13% and 16% year-over-year. The consensus estimate for net sales stands at $109.48 billion, a projected 14.8% increase compared to the previous year. Earnings per share are estimated at $1.92, reflecting a 16.4% rise from the year-ago quarter.
In the first quarter of fiscal 2026, iPhone sales were a significant contributor, accounting for 59.3% of net sales, amounting to $85.27 billion, a year-over-year gain of 23.3%. The second-quarter estimate for iPhone net sales is projected at $56.706 billion, indicating a year-over-year growth of 21.1%. Apple’s Services segment is also expected to see growth, with projected revenues of $30.39 billion, marking a 14.1% year-over-year increase.
Apple’s Mac revenues are forecasted at $8.18 billion, representing a year-over-year growth of 3%. Year-to-date, AAPL shares have decreased by 0.3%, trailing the overall sector’s rise of 8.5%. Despite competitive pressures in smartphones and PCs, Apple’s collaboration with Alphabet for AI enhancements is seen as a potential growth driver moving forward.
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