Apple, CEO and Earnings Call
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Apple, services and Wall Street
Digest more
Apple CEO Tim Cook warns Mac mini and Mac Studio shortages could continue for months as developers rush to buy high-memory Apple Silicon systems for running local AI models and agentic AI workloads.
Apple reported strong fiscal Q2 earnings, with revenue and EPS beating estimates, and gave the mic briefly to incoming CEO John Ternus.
Apple reported 17% revenue growth, topping estimates, even as iPhone sales came up short. It's the first time the company is facing Wall Street since the announcement that Tim Cook will be stepping down as CEO.
Chief Executive Tim Cook has said desktop computers are likely to face supply-demand imbalance for several months.
During the Q2 2026, CFO Kevan Parekh suggested a "difficult compare" for the iPad. Does this mean the iPad 12 is delayed until the fall?
On its quarterly earnings call, Apple said revenue growth in the current quarter would be between 14% and 17%, well above analysts' estimates.
Apple stock is on the move thanks to strong iPhone sales, but the company says it will face margin compression in the coming quarters.
Apple's first smart glasses probably won't be stealing any thunder from the Vision Pro—at least not yet.
Apple can't keep up with record Mac demand after the MacBook Neo and AI-capable Mac Mini and Studio flew off shelves faster than even the company predicted.