Tim Cook says iPhone sales, which slightly missed Q2 estimates, were held back by supply constraints for advanced chips, as “demand was off the charts”

Apple (AAPL.O) on Thursday reported results that beat Wall Street estimates, with customers showing eagerness to buy a new MacBook model driven …

Reuters 2026-05-01

@lexnfx Alexei Oreskovic on x
Memory crunch update from Apple: For the June quarter, we expect significantly higher memory costs. Beyond June quarter we believe memory costs will drive an increasing impact on costs to our business
@munster_gene Gene Munster on x
Cook says the iPhone would have been stronger if not for supply constraints. I'm surprised the stock did not move higher. $AAPL
@vadimyuryev Vadim Yuryev on x
Apple's choice to NOT raise Mac prices to match the rise in memory prices was the right choice.
@neilcybart Neil Cybart on x
Apple's results comfortably beat consensus for both revenue and EPS. Apple revenue came in roughly 1.5% below my estimate as iPhone and Mac supply issues dinged 2Q26 revenue more than I expected.
@htsfhickey Fred Hickey on x
Apple misses iPhone revenue estimates (iPhone revenue: $56.99 billion vs $57.21 billion expected) - not good in a quarter where there was lots of channel filling ahead of likely price hikes. Research house Omdia (today) noted: “Vendor-led front-loading - as Samsung, Apple, and
@munster_gene Gene Munster on x
For the $AAPL call. Revenue guide for June: I expect 10-12% ($104B-$106B) This has been a super cycle. Whats the encore in CY27? Margins: How will the component environment impact margins in the back half? Last quarter, Cook said changes are likely and it's too early to

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