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Apple Shares Rise as Strong Q2 Earnings and Upbeat Forecast Lift AI-Era Confidence

Cupertino, 1 May 2026 – Apple delivered stronger-than-expected fiscal second-quarter results and issued an upbeat sales forecast, easing investor concerns over iPhone demand, artificial intelligence execution and rising supply-chain costs.

The technology giant reported revenue of US$111.18 billion for the quarter ended 28 March, above market expectations of US$109.66 billion. Earnings came in at US$2.01 per share, also ahead of analyst estimates of US$1.95. Apple shares rose more than 3 percent after the update, as investors responded positively to stronger sales momentum and guidance for the current quarter.

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Author

  • Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

    Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

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