Apple shares June quarter guidance with 14% to 17% revenue growth outlook

Apple projects 14-17% revenue growth for Q3 FY2026 despite ongoing global memory and component shortages driven by AI infrastructure demand, with gross margins expected between 47.5-48.5% and Services maintaining steady growth momentum. The guidance reveals supply-chain constraints are materially impacting growth forecasts while geopolitical risks (tariffs) and macroeconomic conditions pose downside risks to execution. For IT leaders, this signals that even tier-one technology companies face significant component availability challenges and should evaluate their own supply chain resilience strategies, particularly around memory and semiconductor sourcing.