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Apple posts record Q3 revenue and earnings, driven by strong iPhone and Mac sales under new CEO John Ternus.

Company Fundamentals
03 Nov 2026, 01:16 WIB
Fox Business
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Bullish
Apple posts record Q3 revenue and earnings, driven by strong iPhone and Mac sales under new CEO John Ternus.

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 supply constraints and rising memory-chip costs linked to AI demand. New CEO John Ternus highlighted Apple's successful product launches, including the foldable iPhone Duo and AI-powered Siri, and noted Apple's cautious approach to AI investment. The company capped its best fiscal year ever with $478.8 billion in revenue and remains the world's most valuable public company.

Following Apple's record September quarter, the stock price on Pluang shows some pullback, trading at USD 330.35 with a 4.19% decline as of Nov 03, 2026 06:21 WIB. Despite the strong earnings, investor sentiment appears mixed with Pluang order activity nearly balanced at 52% Sell and 48% Buy. Apple remains a dominant market player with a market cap of $5.03 trillion on the platform.

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