Apple surprised by AI-driven demand, Macs sell out
apple reported $8.4b in mac revenue for q2, beating expectations of $8b. ceo tim cook cited unexpected demand for running local ai models like openclaw, causing sellouts of mac mini and studio. sales rose 6% year-over-year, with neo models also supply constrained due to enterprise and education demand.
Apple reported $8.4 billion in Mac revenue for the second quarter, surpassing Wall Street expectations of approximately $8 billion. This represents a 6% year-over-year increase, driven largely by a surge in demand for hardware capable of running local AI models like OpenClaw. CEO Tim Cook stated that the company was caught off guard by the speed of AI adoption, resulting in supply constraints for Mac mini and Mac Studio models, as well as the new MacBook Neo. Cook highlighted that customer recognition of Mac as a platform for agentic AI tools is outpacing internal predictions, with the Mac mini becoming the top-selling desktop in China.