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Apple forecasts its best holiday quarter ever, but memory prices are eroding profits
Business & Technology
GadgetyHE
November 3, 2026

Apple forecasts its best holiday quarter ever, but memory prices are eroding profits

Key points • Revenue of $114.5 billion in the quarter, a 12% growth and an all‑time high in services • iPhone sales jumped 17.5% to a comparable‑quarter record, despite supply constraints • Rising memory prices are hurting profitability and have forced Apple to raise prices • Apple forecasts 7%–10% growth in the holiday quarter, its best quarter ever Apple (Apple) released its third‑quarter financial results [...]

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Curated from Gadgety. Classified as Business & Technology by AI, which sometimes makes mistakes.

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