Apple shares pop 4% as shoppers race to buy updated iPhones, MacBooks

New York Post
By Thomas BarrabiMay 1, 2026, 12:14 pm66 pts
Sales of iPhones rose 21.7% to nearly $57 billion, while overall revenue jumped to $111.2 billion. Apple CEO Tim Cook, who will transition to role as executive chairman on Sept. 1, said the company was experiencing shortages of its MacBook and iPhones.

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