Apple warns of headwinds to gross margins and Services revenue
1 Nov 2 4:40 PM · 9d ago · 2 articles · 3 posts · 2 sources · development 1 of 1
Parekh identified higher memory costs and "some costs related to the ramp of Siri AI" as pressures on gross margins, while "third-party licensing and foreign exchange" are expected to be primary headwinds for Services revenue. Apple's outlook assumes current global tariff rates remain in effect and the macroeconomic outlook does not worsen.
“We expect our December quarter total company revenue to grow between 7 and 10% year over year, which reflects our best view of constrained supply. We expect this to be the best quarter for revenue in the history of the company.”
Kevan Parekh, Apple CFO · techmeme ↗Kevan Parekh Apple CFOApple Company
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On today's earnings call, Apple said it expects its December quarter to be "the best quarter for revenue in the history of the company." Revenue is projected to grow 7-10% year over year despite supply constraints. Details now at 9to5Mac https:// 9to5mac.com/2026/11/02/apple-f…
All 1 developments of Apple forecasts record $153.82B–$158.13B December quarter… →
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