Apple · The Verge
Apple’s iPhone revenue rallies to $57B despite chip shortages
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IPhone sales keep going up, and the debut of the MacBook Neo didn’t hurt either.
Key facts
- The new devices helped boost Mac revenue to $8.4 billion, while iPads reached $6.91 billion
- The device starts at $599, featuring a 13-inch display, an A18 Pro iPhone chip, and 8GB of RAM
- Apple’s iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device’s processor
- Apple earned $111.2 billion in revenue during the second quarter of 2026, its “best March quarter ever,” according to Cook
Summary
Apple’s iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device’s processor. Apple earned $111.2 billion in revenue during the second quarter of 2026, its “best March quarter ever,” according to Cook. Even with Cook’s departure months away, he’ll still have to lead Apple through the 2026 Worldwide Developers’ Conference (WWDC) in June, where Apple’s expected to take the wraps off a bunch of new features, including a more personalized Siri powered by Google’s Gemini AI model. Apple had an announcement-filled March, revealing a budget-friendly MacBook Neo that caused a stir in the laptop space for its speedy performance and aluminium chassis.