Apple’s iPhone revenue jumps to $57 billion despite chip shortages
Apple's iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device's processor. In an interview with Reuters, Apple CEO Tim Cook said iPhone "demand was off the charts," but there's "a little less flexibility at the moment for getting more parts." Cook added during an […]
What happened?
Apple's iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device's processor. In an interview with Reuters, Apple CEO Tim Cook said iPhone "demand was off the charts," but there's "a little less flexibility at the moment for getting more parts." Cook added during an […]
Story details
Apple's iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device's processor.
In an interview with Reuters, Apple CEO Tim Cook said iPhone "demand was off the charts," but there's "a little less flexibility at the moment for getting more parts." Cook added during an […]
Why it matters
This story helps build a stronger internal English tech archive around Technology, giving search visitors more reasons to keep browsing the site instead of bouncing after a single headline.
Original source
https://www.theverge.com/tech/921527/apple-iphone-revenue-q2-2026-earnings