Business
Apple beats earnings expectations in first report under new CEO John Ternus
November 3, 2026 at 12:28 AM
Coverage
4 reports · 1 in Arabic, 3 in English · over 1 hour
BNBBC News
iPhone Duo: Apple unsure when more of the foldable devices will be available
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MAMasrawy
نتائج أبل تتجاوز التوقعات بفضل قوة مبيعات آيفون 18
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TGThe Guardian
Apple posts stronger-than-expected revenue in first earnings report for new CEO John Ternus
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TETechCrunch
Apple’s inventory surges 154% as memory chip costs climb
(opens the publisher’s site)Apple's quarterly revenue beat Wall Street expectations in new CEO John Ternus's first earnings report, driven by iPhone 18 Pro demand.
- Revenue reached $114.48 billion in the July–September quarter, above analyst estimates of $113.39 billion.
- Earnings per share totaled $2.10, beating the $1.99 forecast, including five cents from tariff refunds.
- iPhone sales reached $57.58 billion on demand for the iPhone 18 Pro, ahead of the $56.54 billion estimate.
- Apple raised iPhone 17 prices by $100 and some MacBook prices to offset rising memory chip costs.
- Apple's $1,999 foldable iPhone Duo sold out within a week of launch, and CEO John Ternus said the company is working to make it more widely available.
- Apple reported record annual sales of $479 billion, as the company faced ongoing supply constraints and rising memory costs.
- Inventory surged 154% year-over-year to $14.54 billion in the fiscal fourth quarter as Apple stockpiled memory chips.