GoKawiilApple shares slide after-hours despite 12% revenue growth in Q4 2026
Apple reported fiscal Q4 2026 revenue and net profit each up 12%, with record Services revenue, 17% iPhone growth and 24% Mac growth, but declines in Wearables (-8%) and iPad (-10%) revenue. Shares fell as much as 4.43% in after-hours trading before paring losses to close down 2.81%, as executives flagged rising memory costs, supply constraints and a mixed holiday-quarter outlook.
GoKawiil's interpretation of the reporting above, not reported fact.
The stock swing suggests investors focused on Apple's cautious guidance—slower growth, thinner margins, and ongoing shortages—rather than the headline revenue beat. Comments from CEO John Ternus and CFO Kevan Parekh about rising memory costs and supply constraints on the iPhone Duo could signal cost pressures that weigh on upcoming quarters. How shares trade when markets reopen Tuesday will show whether this reaction was a brief overreaction or reflects deeper investor concern.
- Apple posted 12% revenue and profit growth with record Services revenue in fiscal Q4 2026.
- Wearables and iPad revenue declined due to tough comparisons and supply constraints.
- Shares fell as much as 4.43% after hours before recovering to close down 2.81%, amid a cautious holiday outlook.
Apple iPhone 17 — With iPhone revenue up 17% this quarter, the iPhone lineup remains Apple's flagship product and a great pick for anyone upgrading. It's a solid entry point into Apple's latest ecosystem discussed in the earnings report.
See Apple iPhone 17 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, 2026-11-03
Published there as: “Apple stock drops nearly 3% after hours following Q4 2026 results”
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