This week we got earnings releases from two major companies, Apple, Inc. (AAPL) and Advanced Micro Devices, Inc. (AMD).
Let’s dive into how they performed.
Apple breaks records in every category!
Apple delivered a strong Q4 2026 earnings report, setting revenue records and showing particularly strong iPhone sales.
The company posted quarterly top-line revenue of $114.5 billion, up 12% year-over-year.
Here is what you need to know:
iPhone revenue, their biggest growth sector, was $57.6 billion, up 17% year-over-year.
The Services sector, which includes sales generated by the App Store, Apple TV, Apple Music, Apple Pay, AppleCare, iCloud and advertising, posted record quarterly revenue of $31.6 billion, up 10% year-over-year.
Product revenue hit $82.9 billion, up 12% from last year, with Mac revenue alone, up 24% year-over-year with sales of $10.79 billion.
Apple also finished its fiscal year with impressive results. For 2026 Apple recorded its best fiscal year ever with $478.8 billion in sales, up 18% year-over-year. It also had record net profit of $132.2 billion, up 15% year-over-year.
Looking ahead, management expects the December quarter to become the highest-revenue quarter in Apple's history.
As I've said before, Apple stock makes an outstanding trade as well as an outstanding long-term investment.
On Tuesday, November 3rd, AMD delivered remarkable Q3 2026 earnings with top-line revenue of $13.4 billion, up 45% year-over-year.
Their Data Center growth was the real star of the report, with quarterly revenue of $8.55 billion, an increase of 97% year-over-year.
It’s important to keep in mind that AMD’s clients include Anthropic, Meta, Microsoft, OpenAI, Oracle and Google.
Their Embedded Segment with $1.11 billion, a quarterly growth of 29% year-over-year, saw improving demand across industrial, automotive, communications and aerospace markets.
In other good news, management expects to see increased acceleration in revenue growth for both Q4 2026 and 2027.
Clearly AMD has established itself in the semiconductor business, surpassing Intel and every other semiconductor company.
That all said, it's important to remember that all tech companies are not the same. You really need to understand a company's story and where they are heading in the future.
Stay with the Wealthy Investor program and I will continue to lead you in the right direction.
Tyrone Jackson
The Wealthy Investor