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The iPhone 17 line has become the most popular in Apple’s history. This was stated by the company’s CFO Kevan Parekh in an interview with the Financial Times.
According to him, high iPhone sales along with strong demand were the key factors behind Apple’s financial results in the second quarter of 2026. CEO Tim Cook also confirmed that the demand for devices exceeded expectations.
“The iPhone 17 line is now the most popular in our history. We believe we were able to increase market share during the quarter,” Parekh said. Cook told Reuters that demand for the iPhone was “off the charts,” while the company faced supply constraints despite high sales volumes.
According to Cook, the current situation is complicated by less flexibility in supply chains, which affects the ability to quickly ramp up production. In particular, iPhone sales were limited due to the shortage of A19 and A19 Pro chips that Apple receives from TSMC. At the same time, TSMC is simultaneously producing chips for AI, which puts an additional burden on production capacity.
Parekh also pointed out that memory is playing an increasingly important role, and its impact on production has increased between the first and second quarters of 2026.
Problems with the supply of chips and complications with the procurement of RAM may also affect the next generation of smartphones. The iPhone 18 line is expected to be unveiled in September and will include the first foldable iPhone.
The current iPhone 17 lineup includes the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, iPhone 17e, and iPhone Air models.
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