By Vandita Jadeja
Publication Date: 2026-05-11 12:41:00
Quick Read
Apple (AAPL) reported Q2 FY26 revenue of $111.18B, up 16.6% YoY, with iPhone revenue hitting $57B and Services reaching a record $30.98B.
Microsoft (MSFT) posted $82.89B revenue growing 18.3% and Azure 40%, backed by a $627B commercial backlog growing 99% and 20M Copilot paid seats up 250% YoY. Microsoft is guiding 2026 capex to roughly $190B while Apple is lifting buyback authorization by $100B and keeping AI spend disciplined.
Microsoft is monetizing generative AI at scale today with a $37B AI annual run rate growing 123%, while Apple is embedding AI more gradually across devices as hardware features, resulting in divergent capital strategies focused on expansion versus shareholder returns.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Apple wasn’t one of them. Get them here FREE.
Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) reported earnings less than 24 hours apart in late April. Apple delivered a record March quarter…
