Apple strong June-quarter sales growth
Analysis based on 9 articles · First reported Jul 29, 2026 · Last updated Jul 29, 2026
Apple's strong sales growth and market share gains have boosted its stock, pushing its market value above $5 trillion. However, potential future price hikes and high valuation leave little room for error, and investors will watch for signs of demand impact.
Apple is expected to report its strongest June-quarter sales growth in five years, driven by its decision to hold iPhone prices steady amid a chip shortage. The company raised iPad and MacBook prices last month to offset cost increases from memory and storage chip shortages caused by AI datacenter buildouts. iPhone shipments rose 3% and market share climbed to nearly a fifth, according to Counterpoint Research. Apple's market value briefly surpassed $5 trillion, and it reclaimed the title of world's most valuable company from Nvidia as doubts about the AI boom grow. Analysts expect Apple to raise iPhone prices with the next series in September. The company also raised Apple Music and Apple One prices earlier this month. Revenue is expected to rise 15.5% to $108.65 billion in the April-June period, with profit growth slowing to 18.1%.
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