Apple has announced its Q3 revenue forecast, expecting growth between 14% and 17%, despite ongoing supply constraints. The company also projects a gross margin of 47.5% to 48.5%. These figures follow Apple's Q2 FY2026 results, which showed robust financial performance. Notably, revenue in China grew 28% year-over-year, signaling a recovery in a previously pressured market.
Market participants currently give NVIDIA a 78.2% probability of being the largest company by market cap on May 31 and 70.0% for June 30. However, Apple's strong growth projections and improved margins may challenge that lead.