As reported by 9to5mac, Apple has unveiled its financial results for the second quarter of fiscal year 2026, showcasing revenues of $111.184 billion, which represents a robust 16.6% increase compared to the same period last year. Net profits also saw a healthy rise, reaching $29.578 billion, up 19.4% year-on-year. Particularly noteworthy is the performance in the Greater China region, where revenues surged to $20.497 billion, marking a substantial 28.09% year-on-year growth. In this quarter, Apple's investment in research and development (R&D) skyrocketed to $11.4 billion, a remarkable 34% increase from the previous year, setting a new historical high, with a primary emphasis on advancing AI technology.
