Apple won't be able to meet demand in Q3

How Apple Changed Under Tim Cook: 15 Years in Numbers Apple CEO Tim Cook participated in his final Apple earnings call yesterday, with incoming CEO John Ternus set to take over on September 1. With Cook’s tenure coming to an end, we thought we’d take a look at how Apple has changed over the last 15 years.

Cook took over as CEO on August 24, 2011, after Steve Jobs resigned. Apple’s Revenue During yesterday’s earnings call, Bank of America analyst Wamsi Mohan shared an interesting observation about Apple’s quarterly earnings. When Cook took over as CEO, Apple’s revenue for all of 2011 was $108 billion. Apple reported $109.4 billion for Q3 2026, earning its 2011 revenue in a single quarter.

We don’t have the numbers for fiscal 2026 yet, but in. Cook stressed that it isn’t a case of RAM constraints or lack of parts, but that, put simply, customer demand for iPhones, iPads, and Macs is too great, and supply partners can’t keep up. He said, "this isn’t a partner or supplier issue. The issue is an incredibly strong demand." That means that the supply chain is capable of completing Apple orders at the usual scale, but that the.

Following Apple’s Q4 2026 guidance, JP Morgan cuts its target for the company’s stock A few weeks ago, JP Morgan set a $345 price target for Apple’s stock through December 2027. Following yesterday’s quarterly results , the investment bank has slightly lowered its outlook. Here are the details.

15 Years 15 years $108 $109.4 $345.