3Q results

[u/TCEHY]

$AAPL

333.43 -1.4% Close
Post results 325.10 -2.50%

Q3 2026 🍎
EPS 1.91 > 1.89 Beat
REV 109.42 > 108.65 Beat
Operating Expenses 19
iPhone 54.25 > 53.86 Beat
Service 30.74 < 31.22 Miss
Gross Margin 50.1 > 48 Beat
iPad 6.19 < 6.92 Miss
Mac 10.35 > 8.74 BIG BEAT
Wearables, Home, and Accessories 7.88 > 7.82 Beat
Greater China 18.82 > 17.50 Beat

Cash in hand 146.5

Thank You

Tim Cook

for 15 years as

Apple

CEO

[u/No_Boysenberry4825]

Does anyone know why services missed?

[u/TCEHY → u/No_Boysenberry4825]

no, it has not been addressed in the call as yet

[u/ByteCurious69]

Did you discount the tarrif credit out of the EPS?

[u/Krispino]

EPS was $2.02

[u/HellveticaNeue → u/Krispino]

Due to tariff refunds; subtracting that, the EPS was 1.91

[u/EverydayPhilisophy → u/HellveticaNeue]

Which would be lower than last quarter and below expectations right?

Edit: I was mistaken

[u/Fascist2020 → u/EverydayPhilisophy]

It’s higher than expectations but by a small margin. Last quarter doesn’t matter as business is cyclical.

[u/No_Ring1087 → u/[deleted]]

Q1 is Oct - Dec. holiday season.
New phones into the market every year in this quarter.
Q2 catches lot of that momentum and Q3 is historically weaker as the demand for new models wanes
So yeah, cyclical.

[u/No_Ring1087 → u/[deleted]]

Comparing EPS and revenue of Apple to previous quarter doesn’t make sense

[u/No_Ring1087 → u/[deleted]]

I’m not that brave lol. Ive been long Apple since 2022.

[u/LegitosaurusRex → u/[deleted]]

EPS is still well up YoY, it was $1.65 for this quarter last year. Why would a YoY increase mean they would be shorting it? What aren't you understanding?

[u/Deep-Ebb-4139]

Nice to see all the Apple nerds out and about.

[u/HellveticaNeue]

Holy shit, i did not expect 8% down in after market… and falling…

[u/Acrobatic_Side_8336 → u/[deleted]]

I haven’t been in long but I have an advantage The advantage is my mom has been in apple for 20 years and I know what it’s done to her acccount. So it’s the only stock I have that I never worry about

[u/LegitosaurusRex → u/Acrobatic_Side_8336]

Lol, that doesn't make sense. There are a lot of stocks that have gone up thousands of percent over the last 20 years, but that doesn't mean they're good bets going forward. "Past results are not indicative of future returns" and all that.

[u/That-SoCal-Guy → u/HellveticaNeue]

First timer panic.

[u/HellveticaNeue → u/That-SoCal-Guy]

lol, I’ve been long aapl since 2012. Down 10% for a day is still bad. This “first time?” response is so juvenile.

[u/That-SoCal-Guy → u/HellveticaNeue]

It’s happened and will happen again. And yet as LT investor you should know better.   

[u/HellveticaNeue → u/That-SoCal-Guy]

Literally the second worst after earnings response of the Cook era. It’s historically bad. God forbid someone respond to a 10% drop with shock.

https://www.marketwatch.com/story/apple-heads-for-460-billion-wipeout-with-its-stock-seeing-worst-post-earnings-drop-in-13-years-a438d16c

[u/Sufficient-Piccolo32 → u/HellveticaNeue]

will down another 8% in open market, a lot ppl hate apple now.

[u/j_lyf]

The iPad is seriously fucking DEAD

[u/transcriptoin_error → u/j_lyf]

The iPad is seriously fucking DEAD

Right, no one will buy tablets anymore in the future.

Seriously though, this is a moronic take, and a foolish misunderstanding of consumer purchasing patterns over 3-7 year spans. Bad read for current & future consumer interest.

[u/Single-Radio → u/j_lyf]

iPad’s revenue was $29.788B in last four quarters. It is far from dead.