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 chip shortages that also led Apple to raise prices on Macs and iPads. The company faces supply constraints on its new high-end iPhone Duo, which launched after the quarter ended and has experienced early quality issues. Ternus aims to streamline Apple’s engineering and product release pace as the company navigates ongoing supply chain challenges and a competitive tech market.
Apple's market cap stands at $5.03 trillion as of Nov 03, 2026 07:01 WIB, reflecting its massive scale in the tech sector. Despite the revenue beat in its latest earnings report, Apple shares are down 4.47% on Pluang with a daily trading volume of 67,841,555. The stock offers a modest dividend yield of 0.31%, and typical investors hold their shares for about 145 days on the platform.
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...
Apple reported a 12% revenue increase in its fiscal fourth quarter ending in September, driven by record iPhone sales and a surge in Mac sales. Services revenue also hit an all-time high, despite slight softness in Apple TV and lower-than-expected iP...
