https://www.live-feeds.com/feed/apple-results-beat-wall-street-expectations-on-strong-iphone-salesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/apple-results-beat-wall-street-expectations-on-strong-iphone-saleshttps://www.live-feeds.com/feed/apple-results-beat-wall-street-expectations-on-strong-iphone-sales#u177606Thu, 05 Nov 2026 14:45:12 +0000Apple exceeded Wall Street expectations in its fourth quarter, posting a record September quarter driven by surging sales of the Mac and iPhone. Profits grew 12 percent despite concerns regarding component prices. The results mark the first major financial test for new CEO John Ternus. While iPhone 18 sales were a primary focus for investors, the company warned on November 2 that rising memory chip costs may pressure gross margins during the upcoming holiday quarter.Why it mattersThe earnings report arrives as Apple navigates a leadership transition under John Ternus. Sustained growth in hardw