Apple warns supply constraints will increase ‘significantly’ next quarter

Apple posted strong revenue and profit growth in Q3 2026, but said supply conditions will tighten sharply next quarter.

iPhone, Mac, and iPad shipments are expected to be hit the hardest, while foreign exchange effects will also weigh on reported growth.

For Q4 2026, Apple guided for revenue growth of 9% to 11% and gross margin of 47% to 48%.

Demand remains solid, but supply shortages and FX headwinds could temper investor expectations for iPhone-led results.