| AAPL |
Report |
Gross Margin (%) |
BEAT |
pred ~48.4% vs. cons 47.97% |
MEDIUM |
| AAPL |
Report |
Services Revenue |
BEAT |
pred ~$31.7B vs. cons $31.39B |
MEDIUM |
| AAPL |
Report |
iPhone Revenue |
BEAT |
pred ~$53.8B vs. cons $53.11B |
MEDIUM |
| AAPL |
Guide |
Q4 FY26 Revenue (Q4 FY26) |
LOWER |
guide ~$114.3B midpoint vs. cons ~$120.5B |
MEDIUM |
| AAPL |
Guide |
Q4 FY26 Gross Margin (Q4 FY26) |
LOWER |
guide ~47.5% midpoint vs. cons ~48.1% |
MEDIUM |
| AAPL |
Guide |
Memory Cost Commentary (FY27 signal) |
LOWER |
guide meaningful/material escalation vs. market pricing modest headwind |
MEDIUM |
| AAPL |
Guide |
China / AI Tone (Qualitative) |
BETTER |
guide constructive China + Siri AI ramp vs. cautious consensus |
MEDIUM |
| AAPL |
Return |
Day-1 residual (stock − beta × S&P 500) |
-4.0% |
— |
MEDIUM |
| AAPL |
Return |
5-day cumulative residual |
-6.0% (FOLLOW-THROUGH) |
FOLLOW-THROUGH — Q4 guide miss drives sell-side cuts to Q4 and FY27 estimates over 3-5 days post-print; no stabilization catalyst until management provides more color on memory cost trajectory |
MEDIUM |