Business
Apple’s iPhone revenue jumps to $57 billion despite chip shortages
T
The Verge·2d ago
Apple's iPhone revenue rose by 22 percent to $57 billion in the second quarter of 2026, contributing to the company's record $111.2 billion total revenue for the period. This growth occurred despite significant global chip shortages impacting processor supply, highlighting strong consumer demand for the iPhone lineup and raising concerns about potential future supply constraints for other products like the Mac.
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