Apple eyes iPhone growth in first earnings report since Tim Cook's announced exit

The semiconductor sector is closely watching the implications of Apple's Q2 earnings report, particularly as it marks the first since CEO Tim Cook's announced departure.

By Handelsavisen 2026-04-30 16:06 UTC · 1 min read

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Active Update Window · updated 2026-04-30 16:06 UTCThis story updates earlier coverage: SoftBank plans $100 billion AI and robotics spinout for U.S. IPO

According to CNBC, apple is expected to report roughly 20% growth in iPhone revenue as the popularity of the company's flagship device shows no sign of waning.

The report comes as the company transitions into a new leadership era following Tim Cook's announcement that he will step down as CEO after 15 years in the role.

The semiconductor industry is particularly interested in the report due to Apple's significant influence on demand for chips and components.

The continued popularity of the iPhone is a key factor in sustaining demand for semiconductors, especially in the context of broader AI and data center growth trends.