Apple’s iPhone 17 models are its most popular iPhones to date, Apple Chief Financial Officer Kevan Parekh said. Financial Times. Parekh and Apple CEO Tim Cook attributed Apple’s strong performance in the second quarter of 2026 to iPhone sales.
“The iPhone 17 family is now the most popular lineup in our history…we believe we gained market share during the quarter,” Parekh said. Cook said Reuters that demand for iPhone was “off the charts” and that supply was limited despite impressive sales.
“And there’s just a little less flexibility in the supply chain right now to get more parts,” Cook said. Apple’s iPhone sales have been held back by the A19 and A19 Pro chips supplied by TSMC, as TSMC also makes AI chips.
Parekh said memory had an “increasing impact” between the first and second quarters of 2026.
Chip supply issues and growing RAM acquisition issues could potentially impact the iPhone 18 lineup that Apple is expected to introduce in September. The lineup will include Apple’s first foldable iPhone.
The current iPhone 17 family includes the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, iPhone 17e, and iPhone Air.
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