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● LIVE Updated 2h ago · 15 sources tracked

Apple earnings live updates: New CEO John Ternus faces first Wall Street test

Apple exceeded fourth-quarter earnings estimates driven by strong iPhone sales, though the company reported a revenue miss in China. Profit grew 12 percent despite rising memory and component costs. New CEO John Ternus faced his first Wall Street test with a mixed result: while revenue trended upward, the company's stock price dropped following a weak margin forecast. These results come after a 1 trillion dollar rally that left the company with little room for error during this reporting cycle.

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  • ✓ Apple's profit grew 12 percent.
  • ✓ Apple beat Q4 estimates due to strong iPhone sales.
  • ✓ Apple missed revenue targets in China.
  • ✓ John Ternus is the new CEO of Apple.
🛡️ Source Corroboration: 15 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Apple released Q4 2026 financial results showing profit growth and an earnings beat offset by weak China revenue and a poor margin forecast.

Live updates

  1. Apple beats Q4 estimates on iPhone sales but misses China revenue

    Apple exceeded fourth-quarter earnings estimates driven by strong iPhone sales, though the company reported a revenue miss in China. Profit grew 12 percent despite rising memory and component costs. New CEO John Ternus faced his first Wall Street test with a mixed result: while revenue trended upward, the company's stock price dropped following a weak margin forecast. These results come after a 1 trillion dollar rally that left the company with little room for error during this reporting cycle.

    Why it matters

    John Ternus has recently taken the reins as CEO, making this the first earnings report under his leadership. The company is currently navigating a surge in memory costs and high investor expectations following a massive stock rally. Performance of the iPhone 18 is a primary focus for analysts.

    What is confirmed

    • Apple's profit grew 12 percent.
    • Apple beat Q4 estimates due to strong iPhone sales.
    • Apple missed revenue targets in China.
    • John Ternus is the new CEO of Apple.

    Still unconfirmed

    • Apple's stock dropped due to a weak margin forecast.
    • Memory costs are surging.

    What to watch next

    • Holiday guidance updates
    • AI integration performance data
    • iPhone 18 sales trajectory
    Sources used for this update (17)
    1. economictimes.indiatimes.com — Business News Live, Share Market News - Read Latest Finance News, IPO ...
    2. 247wallst.com — 24/7 Wall St. - Insightful Analysis and Commentary for U.S. and Global ...
    3. stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
    4. www.cnbc.com — Oil today: Iran, US, crude, wti, brent, trump
    5. Investing.com — Asia stocks rise as tech gains ahead of Apple results
    6. Reuters — Apple's new CEO Ternus to face first earnings test as memory costs surge
    7. Yahoo Finance — Apple to report Q4 earnings Monday, with iPhone 18 sales in the spotlight
    8. Bloomberg — Apple’s $1 Trillion Rally Leaves No Room for Error on Earnings
    9. CNBC — Apple earnings live updates: New CEO John Ternus faces first Wall Street test
    10. Yahoo Finance — Apple earnings live: Apple beats Q4 estimates on strong iPhone sales but misses on China revenue
    11. The New York Times — Apple’s Profit Grows 12 Percent Despite Component Price Worries
    12. Bloomberg.com — Apple Fourth-Quarter Earnings Live Coverage
    confidence 90%
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