# Mac sales

Published articles for Mac sales.

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## Apple's stock drops as new CEO John Ternus delivers his first earnings call

DevFeed: [Apple's stock drops as new CEO John Ternus delivers his first earnings call](<https://devfeed.tech/articles/apple-s-stock-drops-as-new-ceo-john-ternus-delivers-his-first-earnings-call-112927.md>)

Original publisher: [Read original article](<https://siliconangle.com/2026/11/02/apples-stock-drops-as-new-ceo-john-ternus-delivers-his-first-earnings-call/>)

Author: Mike Wheatley

Published: 2026-11-02T23:58:33Z

Content type: news

Language: en

Sources: [SiliconANGLE](<https://devfeed.tech/sources/siliconangle.md>)

Topics: [iphone](<https://devfeed.tech/topics/iphone.md>), [ipad](<https://devfeed.tech/topics/ipad.md>)

Tags: [advertising](<https://devfeed.tech/tags/advertising.md>), [agents](<https://devfeed.tech/tags/agents.md>), [ai](<https://devfeed.tech/tags/ai.md>), [ai-boom](<https://devfeed.tech/tags/ai-boom.md>), [ai-chatbot](<https://devfeed.tech/tags/ai-chatbot.md>), [ai-features](<https://devfeed.tech/tags/ai-features.md>), [ai-infrastructure](<https://devfeed.tech/tags/ai-infrastructure.md>), [apple](<https://devfeed.tech/tags/apple.md>), [apple-shares](<https://devfeed.tech/tags/apple-shares.md>), [apple-stock](<https://devfeed.tech/tags/apple-stock.md>), [apps](<https://devfeed.tech/tags/apps.md>), [call](<https://devfeed.tech/tags/call.md>), [ceo](<https://devfeed.tech/tags/ceo.md>), [company](<https://devfeed.tech/tags/company.md>), [earnings](<https://devfeed.tech/tags/earnings.md>), [financial-results](<https://devfeed.tech/tags/financial-results.md>), [first](<https://devfeed.tech/tags/first.md>), [fourth-quarter](<https://devfeed.tech/tags/fourth-quarter.md>), [guidance](<https://devfeed.tech/tags/guidance.md>), [ipad-sales](<https://devfeed.tech/tags/ipad-sales.md>), [iphone](<https://devfeed.tech/tags/iphone.md>), [iphone-sales](<https://devfeed.tech/tags/iphone-sales.md>), [john-ternus](<https://devfeed.tech/tags/john-ternus.md>), [mac-sales](<https://devfeed.tech/tags/mac-sales.md>), [news](<https://devfeed.tech/tags/news.md>), [q4](<https://devfeed.tech/tags/q4.md>), [revenue](<https://devfeed.tech/tags/revenue.md>), [services-revenue](<https://devfeed.tech/tags/services-revenue.md>), [siliconangle](<https://devfeed.tech/tags/siliconangle.md>), [stock](<https://devfeed.tech/tags/stock.md>), [the-latest](<https://devfeed.tech/tags/the-latest.md>), [tim-cook](<https://devfeed.tech/tags/tim-cook.md>), [top-story-4](<https://devfeed.tech/tags/top-story-4.md>), [top-story-6](<https://devfeed.tech/tags/top-story-6.md>)

### AI overview

Apple beat Wall Street's fourth-quarter earnings and revenue forecasts, but its outlook fell short of analyst expectations and its shares dropped nearly 3%. Revenue rose 12% to $114.48 billion; iPhone revenue grew 17% to $57.58 billion, despite price increases. Results varied by segment: Mac sales rose nearly 24% and beat forecasts, while iPad revenue fell more than 10% amid supply constraints and a difficult year-over-year comparison. Services grew less than 10%, its slowest pace since September 2022, and narrowly missed estimates. For the holiday quarter, Apple forecast revenue growth of 7%-10%, below analysts' 11.4% estimate, and gross margin of 45%-46%. The excerpt also describes pressure on new CEO John Ternus to strengthen Apple's AI capabilities and product appeal; he did not disclose plans for AI subscriptions or services, but said hardware could offer upgrade incentives.

### Source excerpt

Apple Inc. just delivered its first earnings call since new Chief Executive John Ternus took over the company from Tim Cook on Sept. 1, and the results beat expectations on the top and bottom lines. But the company missed expectations on iPhone sales and offered disappointing guidance going forward, and the stock fell in late [...] The post Apple's stock drops as new CEO John Ternus delivers his first earnings call appeared first on SiliconANGLE.