# Apple (AAPL) reported solid Q2 FY26 earnings and increased its cash dividend by 4% to $0.27 per share.

*fintech · news · 2026-05-06 · Barchart*

## Key points

- Tim Cook will step down as Apple CEO in September after 15 years of leadership.
- Apple is experiencing a memory supply crunch impacting costs, exploring price increases and longer supply contracts.
- Apple announced a new $100 billion stock repurchase program alongside a 4% dividend increase.
- Apple's Q2 FY26 revenue hit $111.18 billion, surpassing analyst expectations mainly due to iPhone 17 demand.
- Apple's Q3 guidance projects 14%-17% revenue growth, significantly above analyst projections of 9.5%.

**Companies:** Apple
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1750682/dear-apple-stock-fans-mark-your-calendars-for-may-11)

---

Canonical: https://newsio.io/n/349117f3-9eab-42c4-9fda-ba4b2e03e281/apple-aapl-reported-solid-q2-fy26-earnings-and-increased-its-cash-dividend-by-4
Summarized by Newsio from Barchart. https://newsio.io/how-it-works