Apple stock reports USD 109.42 billion in quarterly revenue
Published on 09/28/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Apple stock (ISIN US0378331005) was trading at USD 342.67 on Nasdaq at 9:53 a.m. ET on September 28, 2026, up USD 1.60 or 0.47 percent from the prior close. The price stood 0.77 percent below its 52-week high of USD 345.34, keeping the market conversation centered on earnings delivery and valuation.
Quarterly revenue rose 16.40 percent
Apple's Q3 FY26 revenue reached USD 109.42 billion, up 16.40 percent from the prior-year quarter, while net income attributable to common shareholders was USD 29.79 billion. According to Yahoo Finance, diluted EPS was USD 2.02 against a consensus estimate of USD 1.89.
That USD 0.13 EPS beat matters because the result combines double-digit revenue growth with a 27.23 percent net margin in the same fiscal quarter. The figures give investors a clearer operating reference than the stock's daily 0.47 percent move.
JPMorgan keeps a Buy rating
JPMorgan reaffirmed its Buy rating on Apple, while the analyst consensus tracked by MarketBeat stood at Moderate Buy with an average price target of USD 340.14. The consensus target was USD 2.53 below the Nasdaq price in this snapshot, highlighting how much of the earnings optimism is already reflected in the quotation.
MarketBeat also reported that Apple's latest quarter exceeded the USD 1.89 EPS estimate and the USD 109.04 billion revenue estimate. The comparison leaves the stock with a strong earnings record, but the market capitalization places a high burden on continued product demand and services expansion.
Apple stock stays near its yearly high
The Nasdaq session range was USD 340.17 to USD 342.87, with volume of 4,233,581 shares at the quoted time. Apple's market capitalization was USD 5.0 trillion, while the 52-week range extended from USD 243.42 to USD 345.34.
For investors, the central distinction is clear: operating momentum is measured against the prior-year quarter and consensus, while the share price is measured against a 52-week high. That combination makes the next reported quarter's revenue growth and EPS conversion important checkpoints.
Market value reaches USD 5.0 trillion
Apple stock was last at USD 342.67 on Nasdaq on September 28, 2026, with the company valued at USD 5.0 trillion. The quote, quarterly beat and analyst consensus together frame the stock as an earnings-growth story trading close to its yearly peak.
Apple stock snapshot
- Company: Apple Inc.
- ISIN: US0378331005
- Ticker: AAPL
- Trading venue: Nasdaq
- Price (as of September 28, 2026, 9:53 a.m. ET): USD 342.67
- Market capitalization: USD 5.0 trillion (as of September 28, 2026)
- 52-week range: USD 243.42-USD 345.34 (as of September 28, 2026)
- Sector / Industry: Technology / Consumer Electronics
