Apple, Microsoft Post Strong Q3 Earnings as iPhone, Azure Drive Growth

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Monday, Sep 14, 2026 9:20 am ET1min read

AAPL--

MSFT--

Apple's Q3 revenue hit $109.42B, up 16.4% YoY, with iPhone revenue at $54.3 billion, up 22%. Microsoft's quarter was cleaner, with revenue reaching $90.01B, up 17.8%, and Azure growing 43% YoY. AppleAAPL-- is focusing on monetizing its installed base through pricier iPhones and growing Services, while MicrosoftMSFT-- is investing in capex, with FY26 at $115.95B, up 79.6%, and guided fiscal 2027 capex to roughly $175 billion.

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