Apple stock faces earnings test as Q4 report nears Monday

Published on 10/30/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Apple stock heads into its fiscal Q4 report on Monday, with revenue growth of 9% to 11% expected. The release is due after the US close.

Apple enters the earnings spotlight

Apple will publish fiscal fourth-quarter results on Monday, November 2, covering the period from June 28 through September 26.
Management guidance calls for revenue growth of 9 percent to 11 percent, implying 111.7 billion to 113.7 billion US dollars.
The report will be the first earnings call led by CEO John Ternus and is expected to address supply constraints, memory pricing and holiday-quarter expectations.

Apple, US0378331005, Illustration mit AI erstellt.

Apple is due to publish its fiscal fourth-quarter results on Monday, November 2, in a report that will cover the period from June 28 through September 26. MacRumors reported on October 6, citing Apple's updated Investor Relations schedule, that the earnings release will be available at 1:30 p.m. Pacific Time, followed by a conference call at 2:00 p.m. Pacific Time.

Apple stock traded at 307.93 euros on Lang & Schwarz at 11:16 CEST on Friday, October 30, 1.60 percent below the Xetra close of Thursday, October 29; investors can follow the real-time quote of Apple stock.

Guidance sets the earnings range

Apple's guidance calls for total revenue growth of 9 percent to 11 percent year over year in the September quarter. Based on revenue of 102.5 billion US dollars in the prior-year quarter, that points to a range of 111.7 billion to 113.7 billion US dollars.

The company also expects iPhone revenue to grow in the mid-teens year over year. Foreign-exchange headwinds and supply constraints remain factors for investors assessing whether Apple can reach the upper end of its outlook. The upcoming release will show how much of the launch-week iPhone 18 Pro demand was captured during the reported quarter.

New products shape the next outlook

The quarter includes the initial sales period for the iPhone 18 Pro, iPhone 18 Pro Max, Apple Watch Series 12, Apple Watch Ultra 4 and AirPods 5. The iPhone Duo is excluded from the results because it launched on October 23, after the quarter ended. Its contribution will therefore matter for a later reporting period.

Investors are also likely to focus on commentary about memory pricing, supply constraints and holiday-quarter expectations. For the stock, the forward outlook may matter as much as the September-quarter figures because it will frame demand for the recently launched products and the cost environment for the next period.

John Ternus and CFO Kevan Parekh will discuss the results during the call, making the event the first earnings presentation led by Apple's new CEO. The numbers and management commentary should give investors a first major indication of how the leadership transition is being received by the market.

The broader S&P 500 market remains the relevant benchmark for the US-listed technology group.

For more company coverage, see More news and analyses on Apple stock.