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Apple tops sales and profit forecasts as AI costs weigh on holiday outlook

This story is from 2026-11-03. It is preserved in the archive; the latest stories are on the live feed.

Apple beat analyst expectations for its July-September quarter, posting a revenue record driven by iPhone sales and services, though AI-related costs are weighing on holiday-quarter sales.

Read the full story at Economic Times Tech ↗

Timeline · 1 report

  1. 2026-11-03 02:49 · Economic Times Tech
    Apple beats sales and profit expectations but AI costs weigh on holiday sales

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