Apple Reports Record September-Quarter Revenue in First Report by CEO John Ternus

In depth

According to Calcalist, iPhone sales rose 17.5% and sales in China jumped 21%. According to Globes, revenue from sales in China missed analysts' forecasts and iPad sales shrank by more than 10%. According to Bizportal, China disappointed and supply constraints continue to weigh.

According to Bizportal, John Ternus said memory prices are unprecedented, and the company expects a decline in profitability due to the surge in memory prices. According to TheMarker, a worrying forecast pushed the stock down by almost 3%, and according to Globes the stock first fell in late trading and then moved to trade steadily.