Apple Defies Supply Constraints with Surprising Sales Surge
Published on: May 1, 2026, 3:17 a.m. | Source: Devdiscourse
Apple's sales forecasts exceeded expectations despite ongoing chip supply issues, leading to a 3% rise in shares. The company projected a 14% to 17% growth in the fiscal third quarter, surpassing Wall Street estimates. Under the leadership of incoming CEO John Ternus, Apple navigated higher memory chip prices and unveiled new products, including a MacBook Neo aimed at the lower-priced laptop market. The services business and iPhone 17 family sales also contributed to strong performance.
