Apple reports fiscal third-quarter revenue of $109.42B and earnings per share of $2.02, including an 11-cent tariff refund tied to a Supreme Court ruling that reversed tariffs from the Donald Trump administration.iPhone sales rise about 22% to $54.25B, Mac revenue increases 29% to $10.35B, services expand to $30.74B and Apple warns that shortages in advanced chipmaking technology are constraining supply while it keeps capital spending subdued versus peers investing in artificial intelligence.Chief Executive Officer
Tim Cook will step down in September and be succeeded by
John Ternus; the stock falls more than 2% in after-hours trading despite a roughly 23% year-to-date gain and
Apple briefly topped a $5T valuation earlier this year.