Apple just smashed earnings records in its final quarter under Tim Cook, posting 29% EPS growth, 27% net income surge, and a record $54.3B from iPhones — up 22% — with Macs also soaring 29%. Cook, stepping down as CEO on September 1st to become executive chairman, is proud of global double-digit growth across all regions. But clouds loom: supply chain snarls and rising memory costs could hit iPhone, iPad, and Mac sales next quarter, potentially squeezing gross margins to 47–48%. Despite the headwinds, Apple’s stock already reflects its explosive growth, and analysts still recommend holding — though some pros point to other stocks with even bigger long-term upside. Always do your homework before investing.

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