Apple's iPhone 17 lineup has become the most popular smartphone series in the brand's history. This was announced by the company's CFO, Kevan Parekh, in an interview with the Financial Times. This was reported by Ixbt.com xabar.
Kevan Parekh and CEO Tim Cook attributed the strong financial results for the second quarter of 2026 specifically to iPhone sales. The company announced that it generated $111.2 billion in revenue and $29.6 billion in net profit last quarter.
Tim Cook noted that demand for the new devices is extremely high, but supply is limited. Currently, there are difficulties in the supply chain regarding the procurement of sufficient quantities of necessary components.
Smartphone sales have slowed down due to a shortage of A19 and A19 Pro chips manufactured by TSMC. This is caused by the fact that TSMC's facilities are also producing artificial intelligence chips.
Additionally, an increase in the price of memory chips is expected. Tim Cook emphasized that memory costs will rise significantly in the second quarter of 2026.
This situation may also impact the iPhone 18 lineup, which is expected to be unveiled in September.
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