Apple reports Q4 FY26 results amid iPhone 18, Services strength
· Business · Economic Times, Bloomberg
Apple will announce its fiscal fourth-quarter 2026 results on Monday, November 2, after the US market closes, marking its first earnings under new CEO John Ternus, who succeeded Tim Cook on September 1. Analysts project revenue around $113.4 billion, EPS of roughly $2, and iPhone revenue at approximately $56.48 billion, a 15% year‑on‑year rise. Services is expected to generate more than $31.58 billion, while Mac, wearables and iPad sales are forecast at $9.69 billion, $8.99 billion and $6.83 billion respectively. The presentation also highlights the upcoming iPhone Duo foldable, slated for preorder October 16, and points to persistent supply constraints and rising component costs as ongoing challenges. Apple recently reclaimed the title of the world's most valuable company, overtaking Nvidia.
Why it matters
The results provide the first financial readout from John Ternus, directly influencing investor confidence and Apple's market valuation, while the iPhone 18 Pro sales and Services performance will shape expectations for holiday quarter growth and the company's ability to sustain high-margin revenue streams. The presentation also offers early clues on the foldable iPhone Duo's market reception, a key test for Apple's next product category amid ongoing chip and cost pressures.
Read the original report — Economic Times
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