*$AAPL - Apple News - Latest Update (7 Nov 2026)*
*1. Earnings Beat, But Stock Fell*
- Apple reported Q4 2026 *Revenue of $114.48 Billion*, beating estimate of $113.40B
- *EPS came at $2.10*, beating estimate of $1.99
- iPhone Sales were *$57.58B* - above Wall Street estimates
- But Services slightly missed at *$31.57B* vs $31.58B estimate
*2. Why Did The Stock Drop?*
- After earnings, stock fell from *$344.17 to $342.37*, down -0.52%
- Reason: For December quarter, Apple guided Gross Margin at *45%-46%*, down from 47.9% before
- Memory chips have become expensive. CEO said manufacturing purchase commitments rose by *$33 Billion* to secure memory supply
*3. New Products Launched Today*
- Now on sale: *OLED iPad mini, M6 iMac, M6 MacBook Pro*
- For the first time, Macs have come with *OLED Touchscreen* displays
*4. What Are Analysts Saying?*
- *Bernstein:* Target $380, Buy rating
- *Argus:* Target $400, Buy rating
- *JPMorgan:* Target $355, Overweight
- Overall Consensus: *Moderate Buy*, Average Target *$343.74*
- *Zacks Rank #3 (Hold)*
*5. Dividend*
- Board declared *$0.27 per share* dividend, payable on 16 Nov, record date 12 Nov
*In Short:* Sales are strong, but profit margin may fall due to rising memory costs, so the stock is slightly down.
Are you planning to hold, buy, or sell AAPL?
*1. Earnings Beat, But Stock Fell*
- Apple reported Q4 2026 *Revenue of $114.48 Billion*, beating estimate of $113.40B
- *EPS came at $2.10*, beating estimate of $1.99
- iPhone Sales were *$57.58B* - above Wall Street estimates
- But Services slightly missed at *$31.57B* vs $31.58B estimate
*2. Why Did The Stock Drop?*
- After earnings, stock fell from *$344.17 to $342.37*, down -0.52%
- Reason: For December quarter, Apple guided Gross Margin at *45%-46%*, down from 47.9% before
- Memory chips have become expensive. CEO said manufacturing purchase commitments rose by *$33 Billion* to secure memory supply
*3. New Products Launched Today*
- Now on sale: *OLED iPad mini, M6 iMac, M6 MacBook Pro*
- For the first time, Macs have come with *OLED Touchscreen* displays
*4. What Are Analysts Saying?*
- *Bernstein:* Target $380, Buy rating
- *Argus:* Target $400, Buy rating
- *JPMorgan:* Target $355, Overweight
- Overall Consensus: *Moderate Buy*, Average Target *$343.74*
- *Zacks Rank #3 (Hold)*
*5. Dividend*
- Board declared *$0.27 per share* dividend, payable on 16 Nov, record date 12 Nov
*In Short:* Sales are strong, but profit margin may fall due to rising memory costs, so the stock is slightly down.
Are you planning to hold, buy, or sell AAPL?
