Apple posts record Q4 results but stock drops on margin worries
6.6 Markets Apple posted record Q4 2026 results, beating forecasts with $114.5B revenue and $2.10 EPS. Strong iPhone and Mac sales drove growth, but stock fell on margin concerns and China sales.
Apple reported record financial results for Q4 2026, with revenue reaching $114.5 billion—a 12% year-over-year increase—and earnings per share of $2.10, both surpassing analyst expectations. iPhone revenue hit a September-quarter record of $57.6 billion, up 17%, while Mac sales rose 24% to $10.8 billion, fueled by strong demand for new models. Services revenue also reached a record $31.6 billion. The company achieved an all-time revenue record in India, with significant growth in both developed and emerging markets. Despite these strong results, Apple’s stock declined after the earnings report due to concerns over rising memory chip costs, a weaker margin outlook for the holiday quarter, and underwhelming sales in Greater China. Although China sales were up 21% to $17.5 billion, they missed analyst expectations. Investors were also wary of slowing growth in the Services segment and lower gross margin guidance for the next quarter. Apple forecasts 7%–10% revenue growth for the December quarter, but margin pressures and component cost increases remain key concerns.
