Noesion Radarnoesion.ai
Market2026-07-30

On Apple's fiscal Q3 2026 earnings call on July 30, 2026, CEO Tim Cook said supply constraints will have a significantly larger sequential impact on revenue in the September quarter, affecting iPhone, iPad and Mac. Cook attributed the shortfall to demand exceeding Apple's own forecasts rather than a partner or supplier failure, plus limited availability of the advanced process nodes Apple's chips are built on. He said Apple paid more for memory in the June quarter than in March and expects still higher memory costs in September, partly offset by carry-in inventory and lower prices on certain non-memory components, with market DRAM pricing expected to keep rising. Cook noted the DRAM market has only three suppliers and that Apple is evaluating all options. Apple reported $109.4 billion revenue and $29.8 billion profit for the quarter and plans September iPhone launches including the iPhone 18 Pro and its first foldable.

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