May 1, 2026 – Apple reports Q2 earnings

Apple’s Q2 2026 earnings showed strong iPhone demand, with the iPhone 17 lineup described as its most popular ever.

The company said Mac mini and Mac Studio shortages are likely to continue for months, limiting availability of some Macs.

John Ternus’ roadmap comments pointed to Apple’s next product direction as the company continues to balance supply and growth.

Apple also reported record R&D spending, underscoring rising investment in AI and broader product development.