GoKawiil
Tech News
Apple's fourth-quarter results, marking the close of its fiscal 2026 year, showed record revenue and robust iPhone sales that topped Wall Street forecasts. Despite the strong performance, the company's stock fell after it issued a cautionary outlook for the coming months.
CNET ran 120 hours of battery testing across 2026 smartphone models and found the iPhone 18 Pro and 18 Pro Max led the pack, alongside foldables like the Motorola Razr (2026) and Samsung Galaxy Z Fold 8, which use silicon-carbon batteries for added capacity without bulkier hardware. The newly released iPhone Duo tied for the top result in one test, while overall average battery life across 2026 phones matched results from 2024 and 2025.
Voters head to the polls today, November 3, 2026, in midterm elections that could shift the balance of power in Washington. Forecasts suggest Democrats have a chance to retake both the House and Senate, though final results are not yet known.
Pew Research found about 8% of surveyed US adults used AI chatbots to research candidates and policies ahead of the midterms. Testing by Forum AI found nearly 40% of chatbot answers on election topics contained factual errors, including Google's Gemini citing a wrong ballot deadline and Claude confusing a congressman with another person of the same name. NewsGuard separately found chatbots citing so-called 'pink slime' partisan sites nearly half the time when answering election-related questions.
Apple's iOS 27 release prioritizes bug fixes and performance improvements like faster app launches, quicker AirDrop transfers, and better memory management over major new features. The update supports devices as far back as the iPhone 11 and introduces a system-wide transparency slider that users had requested, though battery life reports are mixed.
Market experts note that U.S. stocks have historically risen in the months following midterm elections, with the S&P 500 gaining an average of 13.7% in the year after midterms since 1980, according to a CNBC analysis. However, some experts are warning that 2026 could break from this historical pattern due to unusually difficult conditions this cycle.
The 2026 midterm elections, which will shape the final two years of Donald Trump's presidency, are expected to center largely on affordability but also include several technology-related topics on voters' minds. These include rising energy costs tied to data centers, AI safety, expansion of surveillance tools like Flock, and a California ballot measure to tax billionaire wealth that has prompted heavy tech industry spending and new stock structures.
Barracuda Networks has released patches for two vulnerabilities, CVE-2026-116606 and CVE-2026-111560, affecting its Email Security Gateway and several other products including its Load Balancer ADC, Message Archiver, WAF Control Center, Web Application Firewall, and Web Security Gateway. Chained together, the flaws could let an attacker with access to a device's administrative interface bypass authorization controls and gain root access.
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.
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%.
Apple disclosed in its Q4 2026 earnings that annual research and development spending reached $45.77 billion, a 32% jump from $34.55 billion in fiscal 2025. Quarterly R&D spend in Q4 was $11.73 billion, up from $8.87 billion a year earlier but nearly flat versus Q3, rising by just $1 million.
Apple reported fiscal Q4 2026 revenue of $114.48 billion and net profit of $30.71 billion, with earnings per share of $2.10. iPhone revenue reached $57.58 billion and Services hit an all-time high of $31.57 billion, contributing to what CEO John Ternus called the company's best fiscal year ever, with full-year revenue of $479 billion.