Apple warns iPhone, Mac sales may slow amid supply crunch; Tim Cook cites 'significant constraints'

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technology

2 August 2026 at 9:46 pm

Apple warns iPhone, Mac sales may slow amid supply crunch; Tim Cook cites 'significant constraints'

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Summary

Apple CEO Tim Cook reported a 16% revenue increase to $109.4 billion but warned that iPhone and Mac sales may slow due to significant supply constraints and rising memory chip prices impacting margins.

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