AAPL

• Diluted EPS was $2.02, up 29% year over year, including a $0.11 favorable impact from tariff refunds.
• iPhone, Mac, and Services revenue each set new June quarter records; total company revenue and EPS also set June quarter records.
• Board declared a cash dividend of $0.27 per share, payable August 13, 2026, to shareholders of record August 10, 2026.
• Operating cash flow for the nine months ended June 27, 2026 was $116.996 billion, up from $81.754 billion in the prior-year period.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Services revenue reached a new all-time high of $30.976 billion, up from $26.645 billion a year ago.
• iPhone revenue set a March quarter record at $56.994 billion, up from $46.841 billion.
• Board declared a cash dividend of $0.27 per share, payable May 14, 2026, and authorized an additional $100 billion share repurchase program.
• Operating cash flow for the quarter was over $28 billion, and the company reported double-digit growth across all geographic segments.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Tim Cook will transition from CEO to Executive Chair of Apple's Board, effective September 1, 2026.
• Art Levinson, current Board Chair, will become Lead Independent Director on the Transition Date.
• Ternus joined Apple in 2001 and has held his current role since 2021.
• Apple will enter into its standard indemnification agreement with Ternus and will file an amendment with additional compensation details within four business days.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

• Apple's 2026 Annual Meeting of Shareholders was held on February 24, 2026.
• Shareholders ratified Ernst & Young LLP as Apple's independent registered public accounting firm for fiscal year 2026.
• An advisory resolution to approve executive compensation was approved.
• A shareholder proposal titled 'China Entanglement Audit' was not approved.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• iPhone revenue hit an all-time high of $85.3 billion; Services revenue also reached a record $30.0 billion, up 14%.
• Operating cash flow was nearly $54 billion; Apple returned almost $32 billion to shareholders.
• Board declared a cash dividend of $0.26 per share, payable February 12, 2026, to shareholders of record February 9, 2026.
• Installed base surpassed 2.5 billion active devices, according to CEO Tim Cook.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Ben Borders, 45, was appointed Principal Accounting Officer, effective January 1, 2026.
• He succeeds Chris Kondo in the role of Principal Accounting Officer.
• No family relationships or transactions requiring disclosure were reported.
• The appointment is part of Apple's previously announced Principal Accounting Officer transition plan.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

• Jennifer Newstead will become Apple's general counsel on March 1, 2026, after a transition from Kate Adams.
• Kate Adams, general counsel since 2017, will remain at Apple to oversee government affairs until her retirement in late 2026.
• After Adams' retirement, Newstead will also lead Apple's government affairs organization.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

• Quarterly revenue was $102.5 billion, up 8% year over year, with diluted EPS of $1.85, up 13% year over year on an adjusted basis.
• iPhone revenue set a September quarter record at $49.03 billion, up from $46.22 billion in the prior year.
• For fiscal 2025, total revenue was $416.16 billion, with net income of $112.01 billion and diluted EPS of $7.46.
• The board declared a cash dividend of $0.26 per share, payable on November 13, 2025, to shareholders of record on November 10, 2025.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits