Apple ( AAPL) reported the type of quarter that should have sent its stock price skyrocketing. Revenue rose 16% from a year earlier to $109 billion, while profit increased 26% to $29 billion. iPhone sales jumped 22%, Mac revenue climbed 25%, and the iPhone 17 produced the biggest product launch in Apple’s history.

Apple Pay users reported widespread payment and fund transfer issues Friday, with outage reports spiking on Downdetector.

Apple's services, iPad, and China segments all came in below Wall Street's estimates, as did its guidance for the current quarter's revenue growth.

While the summer months are typically on the quiet side for Apple, there is still a lot to look forward to in the second half of the year. Now that the more intelligent and personal version of Siri has finally arrived in beta,

Apple's already raising prices on products and services. Is Siri next?

The company has been able to weather a market storm as more AI-focused firms have struggled.

Billions of dollars are being poured into a new wave of AI technology. But will it pay off?

Counterpoint Research chalks up Apple's impressive numbers to its ability to absorb rising component costs, though it expects iPhone prices to increase in the coming quarters.

The company's recent earnings report revealed a major financial lift thanks to the Supreme Court striking down Trump's tariffs.