{
  "report_rows": [
    {
      "kpi": "Total revenue",
      "prediction": "BEAT",
      "answer": "pred ~$110.3B vs. cons $108.6B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Diluted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.98 vs. cons $1.92",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Gross margin",
      "prediction": "BEAT",
      "answer": "pred ~48.7% vs. cons 48.1%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Total revenue growth",
      "prediction": "BETTER",
      "answer": "guide ~8.0% YoY vs. cons 6.5% YoY (FY2026 Q4/September quarter)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Gross margin",
      "prediction": "LOWER",
      "answer": "guide ~46.5% vs. cons 47.6% (FY2026 Q4/September quarter)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Services revenue growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~14.0% YoY vs. cons 14.0% YoY (FY2026 Q4/September quarter)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Memory-cost commentary",
      "prediction": "LOWER",
      "answer": "guide ~150 bps gross-margin headwind vs. cons ~90 bps headwind (FY2026 Q4/September quarter)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": -3.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -5.6,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A June-quarter revenue/EPS beat is likely outweighed by the ~$1.1-point September gross-margin guide shortfall: the implied out-period EPS math falls from roughly $2.00 to ~$1.91, prompting FY2026/FY2027 estimate cuts despite strong iPhone and Services demand.",
  "day5_confidence": "MEDIUM"
}