Apple’s Q3 results on July 30 could be Cook’s last


Apple has confirmed that its financials for the third quarter of 2026 will be reported on July 30. It certainly will be an event with a lot of talking points from the quarter, and it might be the last one with Tim Cook in attendance.

Every three months, Apple issues a quarterly report revealing how well it’s performed during the period. The third quarter results arrive at the end of July.

In a notification to investors and analysts, Apple states that it will be bringing out the third quarter results on July 30. The results will be followed by Apple’s usual conference call at 5 p.m. EDT, featuring both current CEO Tim Cook and CFO Kevan Parekh to talk about the numbers.

As always, AppleInsider will be analyzing the results as they are released, as well as reporting on the questions and answers in the conference call.

Apple’s Q3 expectations from Q2

As part of Apple’s quarterly financial results for Q2, Parekh provided some forward-looking statements for the third quarter figures.

That included expectations of revenue growth at between 14% and 17% year-over year. That would translate into revenue going from $94 billion in Q3 2025 to a possible $110 billion for Q3 2026.

At the same time, the gross margin is anticipated to reach between 47.5% and 48.5%. Operational expenditure should lie between $18.8 billion and $19.1 billion.

Cook’s last hurrah?

The second quarter results were unusual for having a large number of events happening during the three-month period. One that was spiced up with the revelation that John Ternus will become Apple’s next CEO as Tim Cook steps down

That means the Q3 results will be the last that Cook will be fielding in the role as CEO. The Q4 results will happen in October, after the CEO transition takes place.

Bar chart of Apple quarterly revenue and net profit from 2017 to 2026, showing generally rising blue revenue bars and smaller green profit bars with noticeable seasonal peaks

Apple quarterly revenue and net profit, as of Q2 2026

It is unclear if Cook will hang around for the Q4 figures due to being CEO for two of those three months. But you can expect there to be some discussion about Cook’s departure from the hot seat and the expectations of the inbound Ternus.

The call will be Cook’s 90th, which would be a nice round number.

Product Changes

There have not been any notable product launches in Q3 that will rock the balance sheet. The only real one of note are the AirPods Max 2, but that won’t set the finances alight.

That said, it will be the first full quarter of availability for products Apple launched in March, late in the quarter. That list includes:

There is also the problem of the price rises, which Cook warned about in June. During an interview, he admitted that the price rises were “unavoidable.”

While Apple had tried to shield consumers from the increases, Cook said the situation regarding memory price rises was “unsustainable.”

Bar chart of Apple quarterly revenue from 2015 to 2016 showing iPhone dominating, followed by Services, then Mac, with iPad and Wearables lowest but gradually increasing over time

Apple unit revenue as of Q2 2026

Cook’s warning became a reality days later. On June 25, Apple raised the prices of its products significantly, across the range.

This included the MacBook Air going from a starting price of $1,9099 to $1,299, while the MacBook Neo jumped from $599 to $699. The MacBook Pro saw a $300 jump for its base price, with iMac going up $200 as well.

The Mac Studio was hit hard, with the base M4 Max version going from $1,999 to $2,499. The M3 Ultra version started at $3,999, but now costs from $5,299, due to its massive RAM capacity.

While other products also got hit, including a $200 hike on the Apple Vision Pro and $30 on the HomePod mini, it wasn’t the case for the iPhones. For the moment at least.

With the switch to the iPhone 18 generation a few months away, analysts will be keen to get hints as to what those models will cost consumers at launch.



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