Apple earnings on November 2: date, what Wall Street expects and what to watch
Apple reports its September-quarter results on Monday, November 2. Here's the time, what analysts expect, Apple's own forecast, and the key things to watch, from iPhone 18 sales to memory costs.
After a busy week of Big Tech earnings, it’s Apple’s turn. The company reports results for its fiscal fourth quarter (July to September) on Monday, November 2, 2026. Here’s everything you need to know.
Date and time
- Results released: 1:30 p.m. Pacific Time (4:30 p.m. ET)
- Earnings call: 2:00 p.m. PT (5:00 p.m. ET), streamed on Apple’s investor website
- In Sri Lanka and India: about 3:00 a.m. (results) and 3:30 a.m. (call) on Tuesday, November 3
- Speakers: CEO John Ternus and CFO Kevan Parekh
What Apple expects
Apple gave its own forecast three months ago:
- Total revenue growth: 9–11% compared with a year ago, which means about $111.7–113.7 billion
- iPhone revenue: growth in the mid-teens percent, though currency changes and supply limits could affect it
What Wall Street expects
- Revenue: about $113.4 billion (vs $102.5 billion a year ago)
- Earnings per share: about $1.99 (vs $1.85 a year ago)
Apple has beaten Wall Street’s profit estimates in each of its last eight quarters, according to MarketBeat.
5 things to watch
1. iPhone 18 demand
The quarter includes the first days of iPhone 18 Pro sales. Strong numbers would show the new lineup is popular. Note: the new iPhone Duo foldable launched on October 23, so its sales won’t appear until next quarter.
2. Memory chip costs
AI data centers are pushing up the price of memory chips, which is already hurting PC makers and Microsoft’s device sales. Investors will listen for whether this is squeezing Apple’s profit margins. Read why gadgets are getting pricier.
3. Services growth
The App Store, iCloud, Apple Music and other services are Apple’s most profitable business. Steady growth here keeps investors happy.
4. The holiday forecast
Apple’s outlook for October–December, its biggest quarter, may matter more than the results themselves, especially with the new touchscreen MacBook Pro, iPad mini and iPhone Duo on sale.
5. AI and Siri
Apple has moved more carefully on AI than rivals. Any update on Apple Intelligence or the new Siri will get attention, especially after Microsoft and Google showed huge AI-driven cloud growth this week.
Microsoft, Google and Amazon showed that AI demand is huge. Apple’s results will show how the AI boom is affecting the gadgets in your pocket.
How did the rest of Big Tech do?
Microsoft rose after beating forecasts, while Google and Amazon fell on profit misses and heavy AI spending. Read our earnings week wrap-up.
We’ll update this article with Apple’s actual results after they’re announced. ByteTidings does not give financial advice.
Frequently asked questions
When is Apple’s next earnings report?
Monday, November 2, 2026, at 1:30 p.m. Pacific Time, with a call at 2:00 p.m. PT.
What revenue does Wall Street expect from Apple?
About $113.4 billion, with earnings per share of about $1.99.
Will iPhone Duo sales be included?
No. The iPhone Duo went on sale October 23, after the quarter ended on September 26.
How can I listen to Apple’s earnings call?
Apple streams it live on its investor relations website (investor.apple.com).
