Apple shares trade at $347.10, near their 52-week high of $351.73, and are up 28.03% year to date versus 12.87% for the S&P 500. John Ternus leads his first earnings call as CEO after Tim Cook called the fiscal third-quarter report his final earnings call. Revenue rose 16.4% to $109.42 billion and EPS of $2.02 beat the $1.89 consensus, extending a run of nine straight EPS beats. Gross margin guidance of 47%-48% compares with 50.1% last quarter and still leans on a tariff-refund benefit of about one percentage point, while the stock trades at 40 times trailing earnings and above the $329.25 consensus target. The article says the key questions are Ternus's margin plan once refunds fade and how Apple will monetize Siri AI.
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/27/2026 | 347.08 |
| Change that session | +0.92% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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