Published on
31/07/2026 - 7:40 GMT+2
Apple beat market expectations with its latest quarterly results on Thursday, thanks to strong sales of iPhones and Mac computers, capping Tim Cook's final earnings report as CEO.
However, investors focused on Apple’s weaker-than-expected outlook and warnings about supply constraints. The company forecast revenue growth of between 9% and 11% in the current quarter, below analysts’ expectations of around 12%.
The strong quarter was also clouded by rising memory-chip costs and shortages of advanced chipmaking capacity, partly linked to the artificial intelligence boom.
