Apple Forecasts 7-10% Holiday Revenue Growth but Warns of Margin Squeeze
Apple projected holiday-quarter revenue growth of 7% to 10%, but cautioned that gross margins will shrink due to higher memory costs and expenses tied to the new Siri AI assistant.
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Timeline · 1 report
- 2026-11-03 19:24 · Bloomberg AI
Apple's Upbeat Outlook Overshadowed by Margin Squeeze