Apple CEO John Ternus will hold his first earnings call with investors on Monday, amid scrutiny over rising memory-chip costs, the company's AI strategy and the new $2,000 foldable iPhone Duo. Apple says a screen-cracking issue affects only "a small number" of Duo units, though an internal memo to Apple Stores suggests it is widespread enough to warrant an official notice. Analysts expect fiscal fourth-quarter revenue to rise 11% to $113.39 billion and net profit to rise about 6% to $29.04 billion, while memory-chip costs could pull profit growth down to its weakest rate in six quarters. Services revenue is projected to grow nearly 10% to $31.56 billion, its slowest pace in more than three years, and iPhone sales are expected to rise about 15% to $56.54 billion. Apple's shares are up roughly 27% this year.
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Related tickers and likely impact
AAPL
▼ Likely negativeApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/30/2026 | 344.79 |
| Change that session | -1.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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