Apple's services business remains strong but faces challenges from regulatory pressures and a decline in mobile gaming affecting App Store revenue. CFO Kevan Parekh indicated potential growth opportunities through AI and third-party apps, though specifics remain unclear. Legal changes have reduced App Store commission revenue in markets like the U.S., Brazil, and Japan, forcing Apple to adapt its payment controls. Despite these headwinds, Apple expects services growth of 8-9% in the December quarter, signaling a cautious but optimistic outlook.
Apple's stock price is currently at USD 328.57, down 4.70% on the day as of Nov 03, 2026 09:01 WIB, trading below its 52-week high of USD 348.91 but well above the 52-week low of USD 246.54. This decline contrasts with the company's optimistic outlook for 8-9% growth in services revenue for the December quarter. On Pluang, investor activity shows a slight tilt towards selling with 52% of orders as Sell and 48% as Buy, reflecting some caution despite the growth expectations.
Apple's first earnings report under new CEO John Ternus showed a revenue beat at $114.48 billion, surpassing Wall Street's $113.39 billion estimate, driven by strong iPhone sales hitting $57.58 billion. However, iPad sales lagged amid global memory c...
Apple Inc. reported a record $114.5 billion in quarterly revenue, surpassing iPhone and Mac earnings expectations. Despite this strong performance, concerns over a high 35x forward price-to-earnings ratio, slowing growth in its Services segment, and ...
Apple Inc. reported record revenue and earnings per share for fiscal year 2026, driven mainly by strong sales in its iPhone and Mac divisions. Despite these strong financial results, the company's valuation has risen to 37.5 times trailing earnings, ...
Apple reported a record $114.5 billion in revenue and $2.10 earnings per share for its September quarter, beating Wall Street expectations. The strong results were driven by a 17% increase in iPhone revenue and a 24% surge in Mac sales, despite suppl...
Apple's inventory surged 31.1% in fiscal Q4, reaching $14.54 billion, driven by increased stockpiling of computer memory amid unprecedented price hikes. The company’s gross margin forecast of 45-46% for the December quarter reflects these higher memo...
