Latest Software & Apps News
Apple Reports Record Q2 2026 Revenue of $111.2 Billion
Apple announced fiscal 2026 second quarter results with revenue up 17% year-over-year to $111.2 billion, driven by iPhone 17 lineup demand and services hitting an all-time high. Diluted EPS rose 22% to $2.01, with operating cash flow over $28 billion; CEO Tim Cook highlighted new products like iPhone 17e, M4 iPad Air, and MacBook Neo.
The board approved a $0.27 dividend and $100 billion stock repurchase program.
iPhone Achieves March Quarter Revenue Record
iPhone revenue set a new March quarter record, fueled by extraordinary demand for the iPhone 17 lineup, contributing to Apple's overall growth. This performance underscores strong consumer interest in Apple's latest smartphone offerings amid global market expansion.
Services also reached a new all-time high during the quarter.
Apple Services Revenue Hits All-Time High
Apple's services segment achieved a record revenue milestone in the March 2026 quarter, supporting the company's double-digit growth across all geographic segments. This growth reflects expanding ecosystem engagement with subscriptions and digital content.
CFO Kevan Parekh noted records in operating cash flow and EPS.
Apple Launches M4-Powered iPad Air and MacBook Neo
Apple introduced the M4-powered iPad Air and MacBook Neo during the quarter, captivating customers worldwide and boosting product lineup strength. These additions contributed to the best March quarter ever reported by the company.
Tim Cook emphasized their role in driving revenue growth.
Apple Board Increases Dividend and Authorizes $100B Buyback
Apple's board declared a $0.27 per share dividend, up 4%, payable May 14, 2026, and authorized $100 billion in stock repurchases. This follows strong Q2 financials with $111.2 billion revenue.
The moves signal confidence in ongoing business performance.
The Hackett Group Releases Spring 2026 SolutionMap for Procurement Tech
The Hackett Group announced its Spring 2026 SolutionMap, evaluating 118 procurement technology providers across 16 source-to-pay categories with 500+ requirements and customer ratings. The assessment aids teams in shortlisting vendors and de-risking selections through demos and verified data.
It's recognized as the industry's most rigorous procurement tech evaluation.
Samsung SDS Caidentia Tops Source-to-Contract in SolutionMap
Samsung SDS Caidentia was recognized as a leader in Source-to-Contract within The Hackett Group's Spring 2026 SolutionMap procurement tech assessment. The evaluation covers detailed functional capabilities and customer value ratings.
This positions it among top performers in S2P categories.
EiQ Leads Risk Management Category in Hackett SolutionMap
EiQ earned top recognition in Risk Management (TPRM/SCRM) in the Spring 2026 SolutionMap by The Hackett Group, evaluating 118 vendors. The assessment includes mandatory demos and anonymized customer ratings for impartial insights.
It helps enterprises select robust procurement solutions.
Zip, Tipalti Expand into New Procurement Categories
Zip expanded into AP Automation/Invoice-to-Pay, e-Procurement, and Procure-to-Pay; Tipalti into e-Procurement and Procure-to-Pay in Hackett's Spring 2026 SolutionMap. These expansions highlight growing capabilities among procurement tech providers.
The report spotlights 118 vendors overall.
Mercanis, ProcureForce Enter New S2P Categories
Mercanis expanded into Intake and Orchestration, while ProcureForce entered Direct Sourcing in The Hackett Group's Spring 2026 procurement tech evaluation. This reflects dynamic vendor growth in source-to-pay functionalities.
Full provider list available on SolutionMap webpage.
Big Tech's AI Capex Surge Sparks Overspending Debate
Big tech companies announced capex increases for 2026 far exceeding market expectations, raising questions about AI overspending as detailed in seven charts. Consensus anticipated rises from 2025 levels, but the scale has prompted analysis of investment sustainability.
This impacts software and AI development strategies.