Margin Forecast - GoKawiil

Apple's weak margin forecast drags tech stocks as oil jumps on Iran strike report

Apple shares fell in premarket trading after the company's revenue beat expectations but its margin outlook disappointed investors, adding pressure to an already shaky tech sector. Separately, oil prices surged overnight following reports of an attack on Iran's Qeshm Island, while Asian and European chip stocks slid as the Nasdaq-100 remained in correction territory after closing more than 10% below its October 6 peak.

cnbc.com · 2026-11-03

Apple inventory jumps 154% year-over-year as memory costs squeeze margins

Apple's fiscal Q4 earnings showed inventory, led by computer memory, rising 31.1% quarter-over-quarter to $14.54 billion and 154.3% year-over-year from $5.72 billion. Executives said higher memory costs will pressure gross margin, forecasting 45%-46% for the December quarter versus 47.9% in September. CEO John Ternus called current memory pricing conditions 'unprecedented' and said purchase obligations rose $33 billion from June to September.

techcrunch.com · 2026-11-02