Apple earnings live: Apple beats Q4 estimates on strong iPhone sales but misses on China revenue
Apple reported fiscal Q4 revenue of $114.5 billion and EPS of $2.10, exceeding Wall Street expectations of $113.46 billion. While strong iPhone sales drove an earnings beat and a 12 percent profit increase, the company missed revenue estimates in China and saw decelerating growth. Shares fell in premarket trading following a margin warning from the CEO, who cited "unprecedented" memory costs. This global memory crisis is putting pressure on pricing and margins, leading to investor concerns despite the overall profit growth.
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- ✓ Apple reported fiscal Q4 revenue of $114.5 billion, beating estimates of $113.46 billion.
- ✓ Earnings per share for the quarter was $2.10.
- ✓ Apple's profit grew 12 percent.
- ✓ Apple missed revenue estimates for the China market.
What changed
Apple released its fiscal 2026 fourth quarter financial results showing a revenue beat but a miss on China sales.
Live updates
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Apple Beats Q4 Estimates on iPhone Sales Amid China Revenue Miss
Apple reported fiscal Q4 revenue of $114.5 billion and EPS of $2.10, exceeding Wall Street expectations of $113.46 billion. While strong iPhone sales drove an earnings beat and a 12 percent profit increase, the company missed revenue estimates in China and saw decelerating growth. Shares fell in premarket trading following a margin warning from the CEO, who cited "unprecedented" memory costs. This global memory crisis is putting pressure on pricing and margins, leading to investor concerns despite the overall profit growth.
Why it matters
The results cover the fiscal quarter ending September 26, 2026. This period marks an early test for new CEO John Ternus as he manages supply chain volatility. The tension between high consumer demand and rising component costs is currently driving stock volatility.
What is confirmed
- Apple reported fiscal Q4 revenue of $114.5 billion, beating estimates of $113.46 billion.
- Earnings per share for the quarter was $2.10.
- Apple's profit grew 12 percent.
- Apple missed revenue estimates for the China market.
- Apple shares declined in premarket trading following the earnings report.
- The company's fiscal fourth quarter ended September 26, 2026.
Still unconfirmed
- A global memory crisis is hurting profits.
What to watch next
- Further guidance on memory cost stabilization
- Updates on China market recovery strategies
- Analysis of iPad sales performance
confidence 90%Sources used for this update (15)
- www.marketbeat.com — Top Biotech Stocks To Research - October 14th | MarketBeat
- Bloomberg.com — Apple Growth Decelerates, With China Sales Missing Estimates
- Yahoo Finance — Apple earnings live: Apple beats Q4 estimates on strong iPhone sales but misses on China revenue
- The New York Times — Apple’s Profit Grows 12 Percent Despite Component Price Worries
- CNBC — Apple and Palantir shares slide in premarket trading following post-bell earnings
- Reuters — Apple shares slide as higher memory costs fuel margin concerns
- CNBC — Apple's John Ternus faces early test as global memory crisis hurts profits
- Yahoo Finance — Apple showed once again that consumers will complain — but still tap to pay
- Quartz — Apple Q4 earnings: stock fell as memory costs hit margin forecast
- Reuters — Wall St futures mixed as Apple falls on margin warning, midterm results awaited
- Forbes — ‘Unprecedented’ Memory Costs Could Keep Pressure On Apple Prices, CEO Warns
- uk.finance.yahoo.com — Earnings live updates: Cava stock falls after cyclospora outbreak dented Q3 results
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