Nov. 2 Could Be a Big Day for Apple Stock

Apple will report Q4 2026 fiscal results on Nov. 2 with new CEO John Ternus in the spotlight. While the company's iPhone Duo foldable phone sold out on launch day with orders extending to January, Apple faces headwinds from soaring memory costs that are pressuring gross margins and iPhone sales growth. With the stock up 27% year-to-date and trading at 40x trailing earnings, there's little room for error if the company misses expectations.