Signal Desk · Markets

Apple Q4 beats estimates on iPhone 18 Pro demand and price hikes

2026-11-03 · 1 source · Economic Times Markets

In short

Apple reported Q4 revenue of $114.48 billion and earnings of $2.10 per share.

The company said strong iPhone 18 Pro demand and Mac sales helped, while higher prices offset chip costs. It is also expanding AI products, but the size of the foldable-iPhone supply problem is not stated.

What the reporting says

Apple reported Q4 revenue of $114.48 billion and earnings of $2.10 per share, helped by strong iPhone 18 Pro demand and Mac sales. The publisher summary says higher product prices offset rising memory-chip costs, while Apple expands AI offerings and faces supply constraints on its first foldable iPhone. The immediate market takeaway is a better-than-expected quarter, but the size of the supply issue is not stated.

Why it matters

Apple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, with support from iPhone 18 Pro demand and Mac sales. The summary says higher prices helped absorb rising memory-chip costs, while Apple is expanding AI offerings. It also mentions supply constraints affecting its first foldable iPhone, but the reporting does not quantify the constraint or give timing.

Touches: Apple, Markets, AI, Companies

Sources