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'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.

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

Apple CEO Tim Cook called soaring memory prices a 100-year flood on his final earnings call, as iPhone 18 Pro DRAM costs are 272% above the prior model.

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.