Apple Q4 2026 Earnings: Record iPhone Sales, but Memory Costs Squeeze the Outlook
Apple reported record September-quarter results on Monday, November 2, then warned that surging memory costs will weigh on its holiday-quarter profit margin. It was John Ternus’s first earnings call as CEO, MacRumors notes, after he took over from Tim Cook on September 1. The stock fell on the news. Quartz reports that shares dropped about 4% in premarket trading…
