Apple reported record September-quarter revenue of $114.5 billion on its fourth-quarter fiscal 2026 earnings call. Management pointed to three issues: rising memory chip prices are squeezing gross margins and prompting higher prices for Mac and iPad, with memory costs expected to rise further in the December quarter; its active device base has reached more than 2.5 billion, and paid and transacting accounts hit all-time highs; and tight supply of advanced system-on-chip components has limited shipments, though constraints are easing as more products move to 2-nanometer nodes. The company expects December-quarter revenue to grow 7% to 10% year over year, which it says would be its best quarter for revenue in company history.
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 11/03/2026 | 331.74 |
| Change that session | -1.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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