{"id":1046816,"date":"2026-11-04T07:39:13","date_gmt":"2026-11-04T02:09:13","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1046816"},"modified":"2026-11-04T08:01:55","modified_gmt":"2026-11-04T02:31:55","slug":"apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on-holiday-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/04\/apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on-holiday-sales\/","title":{"rendered":"Apple beats sales and profit expectations but AI costs weigh on holiday sales"},"content":{"rendered":"<p>Apple exceeded analysts&#8217; expectations for its latest results on Monday when the iPhone-maker said it notched a &#8220;revenue record&#8221; for the July-September quarter, driven by iPhone sales and services revenue, but increased costs related to AI will drag down margins.<\/p>\n<p>&#8220;We&#8217;re closing the year with our most ambitious lineup yet,&#8221; CEO John Ternus, who took over from Tim Cook in September, said in a statement before speaking on a call with analysts Monday afternoon.<\/p>\n<p>Ternus hinted at an optimistic outlook for sales of its latest products, including the foldable Duo, during the holiday season.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple exceeded analysts&#8217; expectations for its latest results on Monday when the iPhone-maker said it notched a &#8220;revenue record&#8221; for the July-September quarter, driven by iPhone sales and services revenue, but increased costs related to AI will drag down margins. &#8220;We&#8217;re closing the year with our most ambitious lineup yet,&#8221; CEO John Ternus, who took over from Tim Cook in September, said in a statement before speaking on a call with analysts Monday afternoon. Ternus hinted at an optimistic outlook for sales of its latest products, including the foldable Duo, during the holiday season.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1046816","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1046816"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046816\/revisions"}],"predecessor-version":[{"id":1046817,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046816\/revisions\/1046817"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1046816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1046816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1046816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}