The company's chief financial officer said: "We cannot fulfill all the demand out there right now."
Five ways Apple's CEO has affected the company, five years after the death of co-founder Steve Jobs.
The headphone jack is like a gas station in Manhattan: There are more valuable things that could be done with the space.
Apple’s entry into music subscription services may have saved iTunes.
Removing ports and jacks has been the norm for Apple, but this time around, getting a more powerful iPhone might not be a worthy trade-off for losing the headphone jack.
Users who take advantage of the upgrade program can essentially get a new iPhone every year.
Insiders say the European Commission ruling is designed to show eurosceptics that the EU is looking out for their interests.
Cook called the ruling by the European Commission "total political crap."
The EC is demanding that governments levy retroactive tax bills.
Apple is widely rumored to be ditching the headphone jack for its next smartphone.
Not even the world's biggest company is above the law, writes U.K. MEP Anneliese Dodds.