Apple’s Q3 2026 Earnings: Strong iPhone Sales Amid Service Revenue Decline

Apple reported robust iPhone sales in Q3 2026, but a decline in service revenue and rising memory costs raised concerns among investors.

Apple reported robust iPhone sales in Q3 2026, but a decline in service revenue and rising memory costs raised concerns among investors.

Apple's CEO Tim Cook announced that the company will raise prices on its products to address the escalating costs of memory and storage components.

Apple's CEO Tim Cook has stated that price hikes for the company's products are inevitable due to rising memory costs.