Apple's Q2 2026 Earnings Call: 11 Key Takeaways

Apple held its earnings call for the second fiscal quarter (first calendar quarter) of 2026 today after announcing its best March quarter ever. Apple saw revenue of $111.2 billion with double-digit growth across every geographic segment and across every product category. Apple CEO Tim Cook and Apple CFO Kevan Parekh provided insight into iPhone sales, Mac sales, RAM supply issues, and more. We've rounded up the most interesting takeaways from the call. iPhone 17 Sales Apple attributed its success to the new iPhone models. Cook said "demand was off the charts," but Apple was facing supply constraints that impacted revenue. Had there not been supply issues, Apple would have seen higher revenue. The A19 and A19 Pro chips from TSMC proved to be a bottleneck because TSMC uses the same 3nm process for AI chips that are in high demand. Cook said iPhone constraints were "primarily driven" by the availability of the advanced nodes Apple's SoCs are produced on. According to Pa