Business

Apple revenue forecast lags Wall Street targets as iPhone maker struggles with supply chain

Driving Apple’s results was a 21.7% increase in iPhone sales to $54.25 billion, above analysts’ estimates of $53.86 ‌billion, according to LSEG data

· 7/31/2026, 5:51:53 AM· 2 min read
Apple revenue forecast lags Wall Street targets as iPhone maker struggles with supply chain
Driving Apple’s results was a 21.7% increase in iPhone sales to $54.25 billion, above analysts’ estimates of $53.86 ‌billion, according to LSEG data
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