Apple stock heads into earnings with iPhone 18 demand in focus
Published on 11/02/2026 at 10:33 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWSWhat investors will watch
- Apple is approaching its fiscal fourth-quarter report with iPhone 18 demand at the center of investor attention.
- The Services business remains a key test of the company’s recurring-growth profile.
- The report will be the first earnings presentation led by CEO John Ternus.
Apple is due to report fiscal fourth-quarter results after the US market close on Monday, November 2, with early demand for the iPhone 18 Pro lineup and the strength of Services in focus. Yahoo Finance reported that the release will also be the company’s first earnings presentation under CEO John Ternus, who succeeded Tim Cook on September 1.
According to Bloomberg analyst consensus cited by Yahoo Finance, Apple is expected to post fiscal fourth-quarter revenue of 113.46 billion US dollars and earnings per share of 2 US dollars. The year-earlier quarter produced revenue of 102.46 billion US dollars and earnings per share of 1.85 US dollars.
What investors will watch
Analysts expect iPhone revenue of 56.48 billion US dollars, an increase of 15 percent from the year-earlier period. Services revenue is projected to exceed 31.58 billion US dollars, while Mac revenue is expected at 9.69 billion US dollars. Wearables and iPad revenue are projected at 8.99 billion and 6.83 billion US dollars, respectively.
The quarter includes early sales of the iPhone 18 Pro models. Apple’s iPhone Duo went on sale on October 23, after the fiscal quarter ended, so its fuller contribution belongs to the following reporting period. Management’s comments on demand, product availability and the holiday-quarter outlook will therefore matter alongside the September-quarter figures.
The real-time quote of Apple stock was 305.73 euros on Lang & Schwarz at 10:31 CET on Monday, November 2, 2026, 1.74 percent below the Xetra close of Friday, October 30.
Apple Inc. at a glance
- Company: Apple Inc.
- ISIN: US0378331005
- Ticker: AAPL
- Lang & Schwarz quote: 305.73 euros on Monday, November 2, 2026, at 10:31 CET
- Xetra close: 311.15 euros on Friday, October 30, 2026
The broader market context remains relevant as investors weigh large-cap technology earnings against expectations for the S&P 500.
