Apple Inc. posted a record fiscal Q4 revenue of $114.48 billion and GAAP EPS of $2.10, signaling strong sales. However, the company expects gross margins to decline to 45-46%, which could limit operating income and EPS growth. Additionally, growth in its high-margin services segment slowed to 9.8%, the weakest in three years, raising concerns about future profitability. Despite the strong revenue, the stock is considered overvalued at a 37.7x P/E ratio, leading to a Sell rating from the analyst due to flat operating income and slowing services growth.
Apple shares are trading at USD 330.16 on Pluang as of Nov 03, 2026 22:32 WIB, down 2.41% for the day. Despite the record fiscal Q4 revenue reported, the stock faces pressure possibly due to concerns over slowing services growth and margin declines. The platform shows a balanced investor sentiment with 52% Sell and 48% Buy orders, reflecting mixed views on Apple's near-term prospects.
Apple Inc. reported its best September quarter ever, but shares fell after hours because of concerns over higher memory costs impacting the December quarter's gross margin, expected to be 45%-46%. Analysts view these memory expenses as Apple's way of...
Apple reported a record September quarter with earnings and revenue beating estimates, driven by strong iPhone sales and tariff refunds. However, the stock dropped 4% as management warned that rising memory chip costs, driven by AI demand, will squee...
Apple reported better-than-expected revenue and earnings for its fiscal fourth quarter, but shares dropped about 2.8% after hours, wiping out roughly $140 billion in market value. New CEO John Ternus highlighted unprecedented increases in memory chip...
Apple exceeded fiscal Q4 revenue expectations driven by strong iPhone sales and services, forecasting 7-10% revenue growth for the next quarter, above estimates. However, it warned of lower gross margins (45-46%) due to higher costs including memory ...
JPMorgan lowered its Apple stock price target from $360 to $355, maintaining an Overweight rating due to strong hardware prospects, especially in Mac and iPad sales, despite moderating Services revenue growth and margin challenges. Morgan Stanley als...
