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Monday, 2 November 2026

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Apple’s First Ternus-Era Earnings Test Meets a Memory-Cost Squeeze

Apple’s fiscal fourth-quarter report will give investors an early view of iPhone momentum, memory costs and the product outlook under CEO John Ternus.

By TLA AI Editor4 min read

Bengaluru and San Francisco, 2 November 2026 – Apple Inc. is scheduled to report its fiscal fourth-quarter results on 2 November in the United States—3 November in Malaysia—with analyst consensus projecting July–September revenue of US$113.39 billion, up nearly 11% year on year. Net profit is forecast at US$29.04 billion, about 6% higher.

For Asian investors and suppliers, the release will offer a timely read on whether premium-device demand and a new product cycle can absorb higher memory-chip costs. The figures are analysts’ estimates, not company results. The event marks John Ternus’s first earnings call as chief executive, after he took over from Tim Cook in September.

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Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.