Apple breaks records, admits it can’t make Macs fast enough
Outgoing Apple CEO Tim Cook’s swan song sings of success as the company on Thursday announced record revenue in its second quarter, while admitting demand for some products — including the new MacBook Neo — has wildly exceeded expectations. The company reported a March quarter record of $111.2 billion revenue, up 17% from last year. This follows another strong Q1 and means Apple now has an installed base of an astonishing 2.5 billion devices. iPhone, MacBook Neo, Mac mini and Mac Studio led the charge during a quarter in which Cook confirmed “record” numbers of new-to-Mac customers. The iPhone 17 family, “is now the most popular line-up in our history,” said Apple CFO Kevan Parekh. Looking ahead to the ongoing leadership transition, Cook said, “We have the right leader ready to step into the role.” For his part, incoming CEO John Ternus said: “This is the most exciting time in my 25-year career at Apple to be building products and services.” MacBook Neo: The ‘iPhone moment’ for the Ma