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Apple achieves record June quarter revenue, but faces challenges

Apple achieves record June quarter revenue, but faces challenges
Apple achieves record June quarter revenue, but faces challenges · rediff.com

Apple made a lot of money in the June quarter, earning $109.4 billion, which is more than last year.

iPhones and Macs sold a lot, and the company grew a lot in places like India.

But Apple said it might have trouble in the future because memory chips are getting more expensive and it’s hard to get enough parts.

The company raised prices on some products to help cover the higher costs.

Apple’s leaders said they are watching the situation closely and hope customers will keep buying.

Key facts

Revenue
$109.4 billion
YoY growth
16 %
iPhone sales
$54.25 billion
Mac sales
$10.35 billion
Gross margin
50.1 %
CEO
Tim Cook (until Sep 1 2026)
Memory chip risk
Rising costs and supply constraints

Quotes

Tim Cook

Apple CEO

“"We achieved June quarter revenue records in every geographic segment. We were pleased to see strength across the board with June quarter records in the US, Latin America, Western Europe, India, China mainland, Japan, and Southeast Asia. We also achieved June quarter revenue records in both developed and emerging markets and saw double‑digit growth in most emerging markets.”
rediff.com

Sources

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