FinanceReutersabout 2 hours ago
Apple CEO Ternus Faces Earnings Test
3 min read
John Ternus hosts his first earnings call as Apple CEO on Monday, November 2, facing scrutiny over rising memory-chip costs. Analysts expect July-September revenue to rise nearly 11% to $113.39 billion, while net profit rises about 6% to $29.04 billion. The new iPhone Duo, priced at $1,999, launched on October 23 and faces supply delays averaging 79 days.
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