RESOLVING THE LEDGER
This is one outlet's own report from 9to5Mac — the article as it was filed. Other outlets are covering the same event; open the full story to compare every source side by side.
See the full story · 3 sourcesGo to the 9to5Mac home page Switch site 9to5Toys 9to5Google Logo 9to5Google Electrek Drone DJ Logo DroneDJ Space Explored About Privacy Toggle social menu Toggle dark mode Search for: Submit Toggle search form Forums Store Podcasts Apple@Work Happy Hour 9to5Mac Daily Overtime iPhone iPhone Mac Mac MacBook Pro MacBook Air iMac Mac mini Mac Studio Mac Pro iPad iPad Pro iPad Air iPad mini iPad iPadOS Watch Apple Watch Apple Watch Ultra Apple Health Apple Watch SE Vision Vision Pro visionOS Music and TV Apple Music AirPods HomePod Apple TV Guides Reviews How Tos AAPL Apple Store Apple Arcade Apple Card Apple Silicon Apple One Apple Fitness+ CarPlay Siri HomeKit Toggle dark mode AAPL Company iPad Mac iPhone Apple warns supply constraints will increase ‘significantly’ next quarter Marcus Mendes | Jul 30 2026 - 3:19 pm PT 0 Comments During today’s earnings call discussing its Q3 2026 results , Apple said it is bracing for a tougher September quarter, with growing supply pressures affecting its most important products. Here are the details.
Today, Apple reported strong Q3 2026 results, driven by double-digit growth in iPhone and Mac revenue and a 27% increase in profit.
However, Apple saw iPad revenue fall 5% year over year, while Services recorded its first sequential decline since 2022, with revenue of $30.73 billion for the period, a 12% increase year over year.
Wall Street’s immediate reaction to Apple’s results was far from positive, with the company’s stock currently trading roughly 6.5% below its closing price.
During the earnings call, Apple offered guidance for the September quarter and was very clear about the challenges ahead, warning of significantly greater supply constraints and continued foreign exchange headwinds.
Apple CFO Kevan Parekh said currency fluctuations alone are expected to shave roughly 2.5 percentage points off Apple’s revenue growth next quarter (compared with the June quarter), and added that “the impact from supply constraints [is expected] to increase significantly sequentially.”
Parekh listed the iPhone, Mac, and iPad as products that will be significantly affected by the supply constraints, and added:
On iPhone, we expect to continue to see high levels of demand. However, we do expect iPhone revenue to be impacted by these foreign exchange headwinds and supply constraints. Therefore, we expect the September quarter reported growth rate for iPhone to be mid-teens year over year.
For services, we expect the September quarter year-over-year reported growth rate to be largely similar to what we reported in the June quarter after removing the negative sequential impact of about 2.5 percentage points from foreign exchange that we just described.
He said Apple expects total revenue for Q4 2026 to grow between 9% and 11% year over year, with gross margin ranging from 47% to 48%, provided that “global tariff rates, policies, and their application remain in effect as of this call, and the global macroeconomic outlook does not worsen from today.”
For the breakdown of Apple’s Q3 2026 results, follow this link .
FTC: We use income earning auto affiliate links. More.
Check out 9to5Mac on YouTube for more Apple news:
Expand Close comments Expand Close comments Guides AAPL Company Breaking news from Cupertino. We’ll give you t…
Apple's tablet debuted in 2010. Since the origin…
Marcus Mendes is a Brazilian tech podcaster and journalist who has been closely following Apple since the mid-2000s.
He began covering Apple news in Brazilian media in 2012 and later broadened his focus to the wider tech industry, hosting a daily podcast for seven years.
AIPROPX is an independent multi-source news index — we track, compare, and connect coverage from across the web into one place you won't find anywhere else.