Apple soars past Wall Street expectations as CEO Tim Cook prepares to step down

Apple blew past Wall Street expectations in its first earnings report since it announced CEO Tim Cook would be stepping down. Cook reported Apple’s “best March quarter ever” and “double-digit growth across every geographic segment”. He also noted “extraordinary demand for the iPhone17 lineup”. Apple crushed Wall Street expectations of $110bn in revenue, racking up $111.2bn for the second quarter of 2026. That trend held in greater China, where revenue reached $20.4bn. …