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- Thursday April 30
- 1 hour agoApple to seek tariff refunds, plans to reinvest money in U.S. manufacturing
Apple CEO Tim Cook said today that the company is seeking refunds for duties it paid under tariffs Donald Trump announced last year, which the Supreme Court recently ruled unconstitutional. Here are the details. more…1 hour ago9to5Mac Daily: April 30, 2026 – OpenAI smartphone, more
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsored by Bitwarden: Make your life easier with Bitwarden, featuring a secure, open source password manager with end-to-end encryption and seamless autofill across all your devices. more…1 hour agoAny tariff refund Apple gets will be reinvested into US manufacturing
Apple CEO Tim Cook made it clear, that the company will reinvest any tariff refund it gets into new U.S. manufacturing initiatives, further funding domestic production.Construction is ongoing - Image Credit: AppleIn almost an afterthought at the end of the earnings conference call, Cook made a big announcement. Beyond just going through the recently-announced motions and filing for that tariff refund, Apple has a plan.While there were no specifics, and nobody left to follow up the statement, Apple will invest what it gets back into US manufacturing. Continue Reading on AppleInsider | Discuss on our Forums10:12 pmFuture Apple CEO John Ternus promises fiscal discipline, ‘incredible’ product pipeline | Cult of MacFuture Apple CEO John Ternus promises fiscal discipline, ‘incredible’ product pipeline
Incoming Apple CEO John Ternus promises he will be just as much of a profit-focused bean counter as his predecessor, current CEO Tim Cook. “As you know, one of the hallmarks of Tim’s tenure has been a deep thoughtfulness, deliberateness and discipline when it comes to the financial decision-making of the company,” Ternus said Thursday […] (via Cult of Mac - Your source for the latest Apple news, rumors, analysis, reviews, how-tos and deals.)10:06 pmApple is predicting up to a $110 billion fiscal third quarter 2026
There are no signs of Apple slowing down in Q3 2026, as it is likely to see even more year-over-year growth in spite of a tough comparison for iPad.iPhone 17 demand will help carry Apple through Q3Apple just had a record-breaking March quarter that brought in $111.2 billion in revenue. It seems that momentum won't be slowing going into Q3.Apple Chief Financial Officer Kevan Parekh shared forward-looking statements for Q3 2026 that estimate up to 14% to 17% growth year-over-year. That would mean growth from 2025's $94 billion up to $110 billion for 2026. Continue Reading on AppleInsider | Discuss on our Forums10:03 pmApple's memory stockpile is holding for now, but price rises still loom
Apple's ability to prevent memory prices from increasing the cost of iPhones and other products won't last forever. Tim Cook has warned that it's only going to get harder to do so.A Samsung LPDDR5X memory chip - Image Credit: SamsungThe consumer tech industry is struggling to deal with the cost of memory, with supplies choked by the extreme demand of AI infrastructure build-outs. While Apple has managed to stop the cost impacting the price of its products so far, even it has its limits.Asked on the analyst conference call following its Q2 financial results release, incumbent CEO Tim Cook has revealed that pricing has affected the company's bottom line. Continue Reading on AppleInsider | Discuss on our Forums09:50 pmApple shares June quarter guidance with 14% to 17% revenue growth outlook
Apple today provided its guidance for the June quarter of fiscal 2026, outlining expectations for revenue growth, margins, and key business trends amid the ongoing memory shortage. Here are the details. more…09:48 pmApple says supply constraints for Mac mini and Mac Studio to persist for several months | 9 to 5 MacApple says supply constraints for Mac mini and Mac Studio to persist for several months
On its quarterly earnings call today, Apple CEO Tim Cook addressed the ongoing supply shortages for Apple’s pro desktop Macs. Many configurations of Mac mini and Mac Studio are completely out of stock at Apple Stores online. Cook said customer interest in agentic AI use cases (like OpenClaw) is driving Mac mini and Mac Studio demand beyond what Apple predicted. Due to the ongoing industry constraints for advanced nodes and memory components, the company expects the supply shortages for these Macs to continue for the next several months. more…09:27 pmOpenAI may be teasing its next iPhone app launch with these clues
ChatGPT remains the top downloaded app on the App Store, and it sounds like OpenAI will launch a new iPhone app soon. more…09:20 pmJohn Ternus joins Apple’s Q2 2026 earnings call, touts ‘incredible roadmap ahead’
Apple’s Q2 2026 earnings call included a notable addition this time around, as incoming CEO John Ternus joined the discussion alongside current CEO Tim Cook and CFO Kevan Parekh. Here are the details. more…09:06 pmChina demand hinges on good products that resonate with customers, Cook says
Apple had a record-breaking March quarter partially thanks to excellent performance in China, but there's more to the story than just basic demand.iPhone 17e helped drive demand in Q2The US government went through a period of upheaval in 2025 thanks to the new administration's aggressive, random, and now illegal tariffs. While not much has improved in that regard, the relationship between the US and China has improved somewhat in the intervening year.According to Apple CEO Tim Cook on CNBC, that improved relationship with China was a positive development, but not the drive. He claims it is that "the product has really resonated with the customer." Continue Reading on AppleInsider | Discuss on our Forums09:05 pmStrong iPhone, Mac sales lead to Apple’s best-ever March quarter
Macworld If you thought Apple would show any signs of slowing down following its record-breaking Q1 results, you’d be mistaken. Apple on Thursday announced its Q2 earnings results, and they’re just as glittery as last quarter, with record revenue of $111.2 billion and strong showings for the iPhone and Mac. Every category of Apple product saw growth over the year-ago quarter, with the iPhone hitting nearly $57 billion in sales, a whopping 22 percent increase over last year. This quarter saw the launch of the iPhone 17e, but it’s likely the bulk of the revenue is from higher-priced iPhone 17 Pro models. Additionally, Apple hit another all-time Services high, with revenue of nearly $31 billion. Mac sales also grew from just under $8 billion last year to about $8.4 billion this year. Apple released the MacBook Neo in March and has faced supply constraints ever since its launch, so it likely does not play a significant role in this quarter. Outgoing CEO Tim Cook noted that Apple’s new laptop is “captivating customers all around the world.” Additionally, Apple’s iPad sales grew to $6.9 billion from $6.4 billion and its Wearables line pulled in $7.9 billion compared to $7.5 billion a year ago. During its conference call with investors, Cook addressed the coming CEO turnover to John Ternus, saying there is “no one I trust more on this planet to lead Apple.” John Ternus spoke on the call as well, repeating the oft-heard phrase that Apple has an “incredible roadmap ahead” and that this is “the most exciting time in my 25 year career at Apple.”09:01 pmRecord quarter leads to new $100B share buyback, increased dividend
Apple reported $111.2 billion in revenue for its fiscal second quarter on April 30, delivering growth, record March-quarter results, and a new $100 billion share buyback.Apple posts its latest earnings results"Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment," CEO Tim Cook said. "iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup."Results for the quarter ended March 28, 2026, beat expectations, with earnings per share of $2.01, up 22% year over year. The company posted growth across every geographic segment, with iPhone revenue setting a March-quarter record on demand for the iPhone 17 lineup, while Services reached a new all-time high. Continue Reading on AppleInsider | Discuss on our Forums08:59 pmApple says iPhone 17 lineup is officially the ‘most popular’ in its history
Apple reported another record-breaking quarter of earnings today, and it came with a big announcement about the iPhone 17 lineup: it’s now the company’s most popular model family ever. more…08:59 pmMac lineup is doing so well that Apple can't keep up with demand
Apple CEO Tim Cook is thrilled at how well the new Mac lineup is doing, but that isn't good news for anyone looking to score a Mac mini.Tim Cook suspects Mac mini supply constraints into fall 2026Apple's had a great quarter as far as Mac is concerned. And not just with returning Apple fans, but new to Mac users, too.On Thursday, ahead of the April quarterly earnings call, Cook told CNBC: Continue Reading on AppleInsider | Discuss on our Forums08:55 pmApple published a new Press Release
Apple just published a new Press Release:Apple reports second quarter results08:47 pmBooming iPhone sales fuel Apple’s latest record-breaking quarter
Apple revenue reaches a record high for the most-recent March quarter. The iPhone 17 contributed, plus there's growth all around the company. (via Cult of Mac - Your source for the latest Apple news, rumors, analysis, reviews, how-tos and deals.)08:46 pmTim Cook says iPhone 17 demand is ‘off the charts’, but supply constraints impacted sales | 9 to 5 MacTim Cook says iPhone 17 demand is ‘off the charts’, but supply constraints impacted sales
Apple just announced its quarterly results, including $56.99 billion in iPhone revenue. This number is slightly below the average of analyst expectations heading into the earnings, but Tim Cook tells Reuters that Apple would have sold more if it had the supply. Cook said iPhone 17 demand “was off the charts”. He said supply of advanced processor nodes is constrained and “there’s just a little less flexibility in the supply chain at the moment” in terms of getting more parts available. more…08:39 pmApple earnings crush Wall Street consensus again, Q2 record smashed
Apple has reported its financials for the second quarter of 2026, posting a second quarter record of $111.2 with gains almost across the board that exceed the expectations of Wall Street analysts.Current Apple CEO Tim Cook [left], CFO Kevan Parekh [right]The second quarter of Apple's financial calendar has ended, and is usually a fairly quiet affair following the blockbuster first-quarter figures. For 2026, Q2 has a fair bit of expected spice, due to the John Ternus announcement.In the quarter, Apple's revenue hit $111.2 billion, up from the $95.4 billion reported in the year-ago quarter. Continue Reading on AppleInsider | Discuss on our Forums08:37 pmMacDailyNews presents live notes from Apple’s Q226 conference call
MacDailyNews presents live notes from Apple’s Q226 Conference Call with analysts starting at 2pm PDT / 5pm EDT today, April 30, 2026… The post appeared first on MacDailyNews.