Apple's CFO Kevan Parekh announced during an earnings call on November 2 that the company expects Q4 2026 to generate its highest revenue in history. The forecast ranges from $153.82 billion to $158.13 billion, representing an increase of $10 billion to $14.4 billion year-over-year. This growth is partially driven by an 8% to 9% rise in services revenue.
However, profit margins face pressure from rising RAM prices and ongoing supply chain constraints. Record demand for Mac, iPad, and the new iPhone Duo has created inventory shortages that could limit revenue streams through December. The stronger-than-expected demand caught Apple off guard.
For the holiday quarter, Apple predicts revenue between $153.82 billion and $158.13 billion. Gross margins are expected to sit between 45% and 46%, while operating expenses will fall between $20.4 billion and $20.8 billion. Despite macroeconomic unpredictability and currency exchange risks, the near future outlook remains optimistic.
Source: GSMArena · Summarized by HeadlinesBriefing