Apple’s iPhone income jumped 22 p.c to $57 billion over the last few months, regardless of provide chain problems impacting the instrument’s processor. In an interview with Reuters, Apple CEO Tim Cook dinner mentioned iPhone “call for was once off the charts,” however there’s “rather less flexibility this present day for buying extra portions.” Cook dinner added all through an income name that provide constraints may come for Mac, too, “given the ongoing top ranges of call for that we’re seeing.”
Apple earned $111.2 billion in income all through the second one quarter of 2026, its “very best March quarter ever,” consistent with Cook dinner. This newest income document comes a bit of over every week after the corporate introduced CEO Cook dinner’s retirement in September. John Ternus, the corporate’s head of {hardware} engineering, will take Cook dinner’s position as he transitions into the function of government chairman.
The brand new units helped spice up Mac income to $8.4 billion, whilst iPads reached $6.91 billion. Apple’s services and products section, which contains subscriptions like Apple One, Apple Tune, Apple TV, and others, soared to some other “all-time report” at $30.98 billion.
