Apple beats Q4 estimates but shares fall on margin outlook
Briefing by News4U · First published
Euronews Business reported that Apple posted stronger-than-expected revenue of $114.5 billion and earnings of $2.10 per share for the three months to 26 September 2026, beating analyst estimates of $113.4 billion and $1.99 per share. Shares fell around 3% in after-hours trading as the company forecast gross margins of 45-46% for the December quarter due to rising memory chip costs. CEO John Ternus highlighted a 21% revenue increase in Greater China, while services growth is expected to slow to 8-9%. [1]
Sources
- Apple earnings beat expectations, but rising chip costs worry investors
Euronews Business · · Full text