Apple stock falls after Q4 revenue of $114.5B as memory costs squeeze margin outlook
Apple's first earnings under CEO John Ternus disappointed on gross margin guidance as a global memory shortage feeds into costs.
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- MarketWatch · lead
- CNBCApple stock sinks as global memory crisis hurts profits, giving Ternus his first big test
- The Business JournalApple Q4 revenue jumps 12% to $114.5 billion under new CEO John Ternus
- WRALNvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple
- BNN BloombergNvidia and other Big Tech stocks lift the U.S. market despite drops for Apple and much of Wall Street
- Reading EagleNvidia and other Big Tech stocks lift Wall Street and make up for a drop by Apple
- Yahoo FinanceApple beats Q4 estimates on strong iPhone sales but misses on China revenue, stock falls
- The GuardianApple warns of ‘unprecedented’ rise in memory chip prices
- WSJApple Shares Slip, Meta Debt Costs Rise
- ReutersApple forecasts margin drop in holiday quarter as rising memory costs bite
- Barron'sEven Apple Can’t Outrun Big Tech’s Selloff. The Stock Still Looks Like a Buy.
- FortuneApple outpaces sales expectations as it continues to battle surging memory chip costs
- Investing.comApple shares slip amid guidance for tightening margins, slowing services growth
- GizmodoApple Expects Memory Shortage to Affect Future Earnings
- New York PostApple’s new CEO disappoints Wall Street analysts on ho-hum earnings call as rising chip costs dent results