Apple shares fell as much as 4.43% in after-hours trading following its fiscal Q4 2026 earnings call, before recovering some losses to close down 2.81%.
Despite reporting a 12% increase in revenue and net profit, record Services revenue and strong iPhone and Mac sales, investors appeared concerned about rising memory costs, supply constraints and a weaker outlook for profit margins. Apple expects record holiday-quarter revenue but warns that product shortages and slower growth will continue.
Source: 9to5Mac
