苹果芯片不够用了

Core Viewpoint - Apple's Q1 FY2026 earnings report shows strong performance with total revenue of $143.76 billion, a 16% increase year-over-year, and net profit of $42.10 billion, up 15.9% [1][11] Financial Performance - Total revenue reached $143.76 billion, surpassing Wall Street expectations and setting a record for the highest quarterly revenue in the company's history [1] - Net profit was $42.10 billion, with diluted earnings per share at $2.84, reflecting an 18.3% year-over-year increase [1] - Gross margin for the quarter was 48.2%, at the upper end of guidance, with product hardware gross margin increasing to 40.7% [9] iPhone and Hardware Sales - iPhone revenue was $85.27 billion, a significant 23% year-over-year increase, contributing nearly 60% to total revenue [1] - The strong demand for the iPhone 17 series has led to record revenue in major global markets, with active devices surpassing 2.5 billion [1][2] - Other hardware products, including iPad and Mac, also performed well in China, with iPad being the top-selling tablet and MacBook Air leading in its category [8] Regional Performance - Revenue from Greater China reached $25.53 billion, a 38% increase year-over-year, leading growth among major markets [7] - The Indian market also showed double-digit revenue growth, indicating strong potential for future expansion [8] Supply Chain and Cost Concerns - Apple faces supply constraints due to high demand for the iPhone and production bottlenecks in advanced process chips, particularly those from TSMC [11] - Rising prices for storage chips (DRAM and NAND Flash) are expected to impact profit margins in the upcoming quarter [11][12] Strategic Initiatives - Apple is exploring long-term strategies to manage cost pressures, including leveraging its supply chain bargaining power and potentially adjusting pricing strategies [12] - A strategic partnership with Google aims to enhance AI capabilities, balancing closed ecosystem development with open collaboration [2][13] Future Outlook - For Q2 FY2026, Apple projects revenue growth of 13% to 16%, with gross margins expected to remain between 48% and 49% [13] - Despite strong performance, investor concerns about rising costs have led to a cautious market reaction, with stock prices showing slight declines [13]