April 30th, 2026

Suhasini Chandramouli

Good afternoon, and welcome to the Apple Inc. Q2 Fiscal Year 2026 Earnings Conference Call. My name is Suhasini Chandramouli, director of investor relations. Today’s call is being recorded. Speaking first today is Apple Inc. CEO, Timothy D. Cook. John Ternus will be joining after that for a brief set of remarks and he will be followed by CFO Kevan Parekh.

After that, we will open the call to questions from analysts. Please note that some of the information you will hear during our discussion today will consist of forward-looking statements, including, without limitation, those regarding revenue, gross margin, operating expenses, other income and expense, taxes, capital allocation, and future business outlook. These statements involve risks and uncertainties that may cause actual results or trends to differ materially from our forecast, including risks related to the potential impact to the company’s business and results of operations from macroeconomic conditions, tariffs and other measures, and legal and regulatory proceedings. For more information, please refer to the risk factors discussed in Apple Inc.’s recently filed reports on Form 10-Q and Form 10-Ks and the Form 8-Ks filed with the SEC today along with the associated press release. Additional information will also be in our report on Form 10-Q for the quarter ended March 28, 2026, to be filed tomorrow and in other reports and filings we make with the SEC. Apple Inc. assumes no obligation to update any forward-looking statements which speak only as of the date they are made. I would now like to turn the call over t...