Apple posted a record quarterly revenue of $109.4 billion for the June 2026 quarter, up 16% year-over-year, but its services division fell short of expectations amid a slowdown in mobile gaming and court-ordered changes to the App Store's business model. The results, announced Thursday, mark the last earnings report for outgoing CEO Tim Cook. Apple TV viewership hit an all-time high in the quarter, though services growth was tempered by tough comparisons to the prior year's release of 'F1: The Movie.' The company now has over 1.5 billion paid subscriptions. Net income also rose, though the exact figure was not highlighted in the reports. Analysts focused on the services miss, which was attributed in part to a gaming slowdown and regulatory shifts in the U.S. that altered App Store payment rules.