CNBC reported that Apple’s fiscal 2026 fourth-quarter revenue rose 12% to $114.48 billion and earnings per share increased 14% to $2.10, both above analyst estimates. Shares fell about 3% in after-hours trading Monday after the company forecast December-quarter gross margins of 45% to 46% and Services revenue growth of 8% to 9%, below consensus expectations. Jim Cramer raised his price target to $360 from $340 per share and maintained a hold-equivalent rating. Apple forecast December-quarter revenue growth of 7% to 10%, above the 5.8% growth analysts expected. The foldable iPhone Duo sold out on its Oct. 23 launch date, and Apple’s chief operating officer said supply was constrained.