HomeTechnologyApple’s iPhone revenue jumps to $57 billion despite chip shortages

Apple’s iPhone revenue jumps to $57 billion despite chip shortages

TechnologyApril 30, 2026
1 min read
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. During an interview with Reuters, Apple CEO Tim Cook sai
Reading Settings
a black iphone 17e

Apple's iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device's processor. During an interview with Reuters, Apple CEO Tim Cook said iPhone "demand was off the charts" but added that there's "a little less flexibility in the supply chain at the moment for getting more parts."

Apple earned $111.2 billion in revenue during the second quarter of 2026, its "best March quarter ever," according to Cook. This latest earnings report comes a little over a week after the company announced CEO Cook's retirement in September. John Ternus, the company's head of hardware engineering, wi …

Read the full story at The Verge.

Source: The Verge

Share this article

Related Articles

Welp, Nobody Saw SpaceX’s Falcon 9 Rocket Crash Into the Moon
Aug 065 hours ago

Welp, Nobody Saw SpaceX’s Falcon 9 Rocket Crash Into the Moon

Although no one captured a direct image of the impact, scientists have detected signals confirming the rocket hit the lunar surface. Orbiters could provide the first images of the crash site in the co

6a73b0890afdb707f74ecbc63 min read
Read More