- Apple reports fiscal Q4 2026 results after the close on November 2, the first quarterly report under new CEO John Ternus.
- Analyst estimates cited in the MarketBeat preview are $113.31B in revenue and $1.99 in EPS.
- The iPhone Duo launched October 23 at $1,999, after the quarter being reported ended September 26.
- Seeking Alpha rates Apple a Buy ahead of earnings and names the iPhone Duo holiday performance as the primary catalyst.
- Rising memory costs threaten to erode EPS growth in 2027, according to Seeking Alpha.
- Apple reported March-quarter revenue of $111.2B and June-quarter revenue of $109.4B; the June quarter included $0.11 per share from tariff refunds.
- Apple reclaimed the title of world's largest company on Friday, as its AI spending discipline spared it from a technology sector selloff.
Quotes
“rising memory costs threaten to erode EPS growth in 2027”
“AAPL's forward P/E has expanded to 37x despite only 7% EPS estimate growth”
“the first under new CEO John Ternus”