Apple’s iPhone and Mac sales keep growing despite RAM shortages

Apple’s Q3 results showed strong growth, with iPhone revenue up 22% and Mac revenue up 29%, lifting total revenue to $109.4 billion.

Executives warned that a global memory shortage will worsen next quarter, raising costs and constraining production of iPhone, Mac, and iPad devices.

The report suggests Apple can still grow through supply-chain pressure, but consumers could face higher prices and tighter hardware availability ahead.

The company also signaled a major leadership transition, with Tim Cook expected to step down and John Ternus seen as the likely successor.