Apple flags upcoming supply constraints for Mac, iPhone and iPad after posting $109b revenue
Apple reported strong June-quarter results, with revenue up 16% and profit up 26% on robust iPhone and iPad demand, but warned that "significant" supply constraints for Mac, iPhone, and iPad are likely to worsen. The caution drove a 7%+ after-hours drop, shifting focus to near-term fulfillment risk and limited supply-chain flexibility despite tariff-refund support to gross margin.
AI Insight · NCSKAAPL2USD/USDTAI Insight
▼ Bearish
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Apple reported revenue of 1090亿美元 (up 16% year-on-year) and profit of 290亿美元 (up 26%), with iPhone and iPad sales rising 22% and 25%, respectively. The company warned that Mac, iPhone and iPad products could face future supply constraints, sending the stock down more than 7% in after-hours trading. Tariff refunds lifted gross margin by 2 percentage points (about 11亿美元). Apple also reiterated plans to invest 6000亿美元 over the next four years to expand domestic manufacturing.