Is Apple's sales forecast a sign of recovery from shortages?

Context

Apple, like many tech manufacturers, faced significant supply chain disruptions starting in 2021, with semiconductor shortages limiting production of iPhones, Macs, and other devices. In May 2026, Apple released a strong sales forecast that suggested the company was successfully navigating these ongoing constraints, particularly in Mac production. This forecast matters because it signals whether global chip shortages are easing and whether Apple's scale and supply chain management give it an advantage over competitors still struggling with inventory.