GoKawiilApple projects record $150B+ holiday quarter despite chip shortages
Apple reported fiscal Q4 2026 revenue of $114.5 billion, up 12% year over year, with net profit of $30.71 billion, setting September-quarter records despite supply constraints on iPhone, Mac and iPad and rising memory costs. CFO Kevan Parekh told investors the company expects December-quarter revenue to grow 7-10% year over year, which would make it the highest-revenue quarter in Apple's history, with gross margin projected between 45% and 46%.
GoKawiil's interpretation of the reporting above, not reported fact.
The forecast suggests Apple believes consumer demand remains strong enough to offset ongoing component shortages, particularly for the new iPhone Duo, Mac and iPad. However, Parekh's comments about memory costs and Siri AI ramp-up expenses indicate margin pressure could persist into the new year, which may test investor confidence in Apple's profitability even as revenue hits new highs.
- Fiscal Q4 2026 revenue hit $114.5 billion, up 12% year over year, a September-quarter record.
- Apple expects its December quarter to be the highest-revenue quarter in company history, projecting 7-10% growth.
- Memory cost increases and iPhone Duo supply constraints are cited as ongoing pressures on margins and availability.
Apple iPhone 17 Pro — With Apple reporting record-breaking revenue and strong holiday demand, the iPhone remains the centerpiece of its lineup and a top pick for anyone upgrading this season. It brings the latest chip performance, camera upgrades, and display improvements that keep driving that demand mentioned in the earnings call. Grabbing one now is a great way to join the wave of excitement around Apple's biggest quarter ever.
See Apple iPhone 17 Pro on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: 9to5mac.com — Marcus Mendes, 2026-11-02
Published there as: “Apple forecasts its biggest revenue quarter ever despite supply constraints”
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