Apple's Q4 Earnings Loom: Buy or Sell AAPL Stock Ahead of Results?

Apple is expected to report Q4 fiscal 2026 results on Nov. 2 with revenue growth of 9-11% YoY, driven by strong iPhone demand, iPhone 18 Pro launch, and growing Apple Intelligence adoption. Services business continues to expand with 2.5 billion active devices and 1.5 billion paid subscriptions. However, semiconductor supply constraints, rising memory costs, and FX headwinds pose near-term challenges. At 35.43X forward P/E, Apple's valuation appears stretched compared to sector peers, suggesting investors may wait for a better entry point.