scalingservice

Services

Revenue rose 12% to $30.7B in the June quarter after 16% growth in March. Its outlook depends on App Store rules in the US, EU and UK.

AAPL market data

The numbers

Revenue$30.7BQ3 FY2026 (quarter to Jun 27, 2026) · +12% YoY · source ↗
Revenue$31.0BQ2 FY2026 (quarter to Mar 28, 2026) · +16% YoY · source ↗
Revenue$109.2BFY2025 · +14% YoY · source ↗
Active devices (installed base)more than 2.5 billionDec 2025 quarter (reported Jan 2026) · source ↗

What it is

App Store, advertising, AppleCare, iCloud+, Apple Music, Apple TV, Apple Arcade, Apple News, Fitness+, Apple One bundles and Apple Pay. Apple does not report subscriber counts or segment profit.

Why it matters to the stock. Services is the highest-margin revenue line and the one most exposed to regulatory fee limits (Epic, EU DMA, UK CMA steering rules). Each App Store ruling changes its outlook.

News

App Store Indie Games Week kicks off with seven indie titles, including No Man's Sky mobile on October 28

Apple launched App Store Indie Games Week on October 12, 2026, featuring seven indie titles making their App Store debut, among them Sifu, Vampire Crawlers and No Man's Sky.

News

Apple Creator Studio adds Final Cut iPhone 18 Pro cinematic tools, Pixelmator and Keynote updates

On September 29, 2026 Apple outlined updates to its Apple Creator Studio apps, including Cinematic mode editing for video shot on iPhone 18 Pro in Final Cut Pro and Motion.

Product

Apple opens Apple Music Hall, a 600-seat live music venue at Battersea Power Station in London

Apple announced on September 21, 2026 that Apple Music Hall is open at Battersea Power Station in London.

News

Apple TV wins 29 Emmys at the 2026 Primetime ceremony, led by Widow's Bay with 14

Apple said on September 15, 2026 that Apple TV won 29 Primetime Emmy awards at the 78th ceremony held September 14, its best result to date.

News

Apple's new child safety and Screen Time features go live with iOS 27 and macOS 27

Apple made its expanded child safety features available on September 14, 2026 as part of the Screen Time update.

Product

Apple announces new EU App Store business terms effective October 1

Apple announced on August 18, 2026 new business terms for apps distributed in the European Union, effective October 1, 2026.

Regulation

Apple shares open 8.6% lower after weaker September-quarter outlook

Apple shares opened down 8.6% on July 31, 2026, their worst opening move since August 2024, after the company guided September-quarter revenue growth of 9% to 11% against analyst expectations near 12%.

Guidance

Apple 10-Q shows $25.8B of buybacks and $4.0B of dividends in June quarter

Apple's quarterly report for the period ended June 27, 2026 shows net sales of $109.4 billion and cash returns of $25.8 billion in share repurchases plus $4.0 billion in dividends and dividend equivalents.

Capital

KeyBanc downgrades Apple to Underweight with $250 price target

KeyBanc cut Apple to Underweight from Sector Weight with a $250 price target, about 21% below the prior Monday close.

Analysts

Supreme Court agrees to review Apple's Epic Games contempt appeal

The Supreme Court granted certiorari on June 30, 2026 in Apple Inc.

Legal

Apple petitions Supreme Court to review Epic Games contempt ruling

Apple filed a petition for certiorari on May 21, 2026, asking the Supreme Court to review the Ninth Circuit's contempt ruling in Apple v.

Legal

Apple starts end-to-end encrypted RCS messaging beta with iOS 26.5

On May 11, 2026 Apple began rolling out end-to-end encrypted RCS messaging in beta for iPhone users on iOS 26.5 whose carriers support it.

Product

Supreme Court denies Apple's emergency stay of Epic contempt order

Justice Elena Kagan denied Apple's emergency application on May 6, 2026, which had asked the Court to pause the Ninth Circuit's civil contempt ruling over App Store commissions on outside purchases.

Legal