Apple's new CEO John Ternus leads his first earnings call amid strong recent performance, including nine straight earnings beats and a 28% stock rise this year. The company reported 16.4% revenue growth in Q3, driven by iPhone and Mac sales, and expects continued growth with new Siri AI features as a catalyst. However, Apple trades at a high valuation with margin pressures from rising memory costs and fading tariff refunds, creating challenges for Ternus to prove sustainable profitability. Investors will watch for margin stability, AI monetization plans, and supply chain improvements in upcoming quarters.
Apple's stock shows a slight decline of 0.23% on Pluang, trading at USD 346.29 as of Oct 28, 2026 19:51 WIB. The stock remains close to its 52-week high of USD 348.22, with a market cap of $5.07 trillion and a typical hold time of 145 days on the platform.
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Apple reported its ninth consecutive earnings beat with strong revenue growth driven by iPhone, Mac, and services. The new Siri AI is expected to encourage hardware upgrades and increase service subscriptions, supporting a price target of $398.25, a ...
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Apple has acknowledged a defect in the inner screens of its new $1,999 foldable iPhone Duo after customers reported cracks and bright lines near the hinge shortly after purchase. The company is offering replacements for affected units, though it has ...
