Categories: Technology

Apple forecasts rising costs, lower services; shares slip 

By Stephen Nellis SAN FRANCISCO, Nov 2 (Reuters) – Apple on Monday forecast lower gross margins for the crucial holiday quarter, citing rising memory-chip costs, and projected services…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: November 3, 2026 04:39:08 IST

By Stephen Nellis SAN FRANCISCO, Nov 2 (Reuters) – Apple on Monday forecast lower gross margins for the crucial holiday quarter, citing rising memory-chip costs, and projected services revenue growth

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: November 3, 2026 04:39:08 IST

Recent Posts

Al-Sadd hold Al-Ahli to stalemate in AFC Champions League

VIDEO SHOWS: REIGNING CHAMPIONS AL AHLI TAKE ON AL SADD IN THE ASIAN CHAMPIONS LEAGUE…

November 3, 2026

LG ENERGY SOLUTION: RAISES YEAR-ON-YEAR REVENUE GROWTH TARGET TO 35%-40% FROM PREVIOUSLY GUIDED MID-TEENS TO 20% RANGE

LG ENERGY SOLUTION: RAISES YEAR-ON-YEAR REVENUE GROWTH TARGET TO 35%-40% FROM PREVIOUSLY GUIDED MID-TEENS TO…

November 3, 2026

Apple forecasts margin drop in holiday quarter as rising memory costs bite

By Stephen Nellis SAN FRANCISCO, Nov 2 (Reuters) - Apple warned on Monday that the…

November 3, 2026