--- title: "🍎 Apple Earnings Challenge β€” Guess the close and win cash!" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000965053.md" description: "Apple reports Q4 FY2026 after the US close tonight β€” the first earnings call under new CEO John Ternus. It ended last week as the world's most valuable company again, and the average analyst target now sits below the share price. Call Tuesday's close, back it up, and the 3 best takes win 2 SGD each." datetime: "2026-11-02T08:59:06.000Z" locales: - [en](https://longbridge.com/en/topics/100000000965053.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000965053.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000965053.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # 🍎 Apple Earnings Challenge β€” Guess the close and win cash! $Apple(AAPL.US) reports Q4 FY2026 **after the US close tonight** β€” the numbers land around **05:30 SGT Tuesday morning**, with the call at 06:00. ⏰ It is the first earnings call under new CEO **John Ternus**. And it arrives at a special moment: Apple spent last week doing almost nothing while everything around it fell apart β€” and that was enough to make it **the world's most valuable company again**. πŸ˜ƒ #### **🍎 Won the Month by Not Being an AI Stock** October was violent. The Nasdaq 100 fell **7%** on the month. On Friday alone the semiconductor index dropped over **7%**, $Intel(INTC.US) fell nearly **29%** β€” its worst day since 1974 β€” and AMD, SanDisk and Qualcomm each lost more than 10%. Roughly **US$1 trillion** came off chip stocks. Apple fell 1.2%. $NVIDIA(NVDA.US) fell over 4%, and that was the gap that handed Apple back the crown. The thing that made Apple a safe harbour β€” it sells hardware rather than renting out compute β€” is exactly what exposes it to the one cost everyone is talking about. **Memory prices.** #### **πŸ“Š Quick Wrap Before Earnings Arrives** **Last close** **US$344.63** Β· back to the largest company in the world by market value **Consensus revenue** about **US$113.4B**, up roughly **11%** **Consensus EPS** about **US$2.00** Β· net profit around **US$29.0B**, up about 6% **iPhone** growth seen near **+15%** β€” strong, but cooling **The swing factor** **Gross margin.** Rising memory costs could pull it toward **46–48%**, and profit growth to its slowest in six quarters **Analysts** 44 covering Β· **13 say Hold**, 6 say Sell or worse Β· average target **US$332** **Target range** **US$245 β€” US$405** #### **πŸ‘€ What Might Moves It Tonight** **Gross margin** is the line. If memory costs bite harder than guided, the safe-haven trade gets a lot less safe. **Holiday guidance** is the second. This is the December quarter being set up, with a foldable **iPhone Duo** that analysts think could ship 6–10 million units and add US$12–20B of revenue. **And Ternus himself.** This is the market's first real listen to a new chief executive β€” on AI strategy, on the China rollout of Apple Intelligence with Alibaba's Qwen starting 4 November, and on whether Apple intends to keep buying its way into AI after the Ascend.io deal. #### **πŸ† Take the Challenge** **ℹ️** **Rules & Settlement** - Entries close: **Tuesday 3 November, 21:59 SGT** - Settled on the % change from **2 Nov US close** to **3 Nov US close**, and the 3 Nov closing price, as shown on Longbridge. - πŸ† 3 Best Takes = the three entries closest to the actual close, among those that clear the reasoning bar. A price with no reasoning does not qualify; reasoning with no price does not qualify. Each will be rewarded 2 SGD. - Ties on the price call are broken by the earlier timestamp. - One vote and one entry per member. Your first entry is the one that counts. - Your entry can be a comment here, your own post, or a repost of this one β€” all three count the same. - Rewards are credited within 7 working days after settlement. - Content must be original and relevant. Copied, duplicate, spam or directly AI-generated submissions may be disqualified. ### Related Stocks - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [04335.HK](https://longbridge.com/en/quote/04335.HK.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md) ## Comments (280) - **wackywong Β· 2026-11-04T14:30:41.000Z**: go Apple go - **NewUser_haM7L1 Β· 2026-11-04T11:42:25.000Z**: Rose 2-3%. - **ζ–°η”¨ζˆΆ_POEYmH Β· 2026-11-04T07:43:14.000Z**: Haiting is up 1.94, Yangzijiang broke through 4.8. Are these two ships setting sail? πŸ˜ƒ - **uly Β· 2026-11-04T00:06:51.000Z**: Oooh - **Alliswell Β· 2026-11-03T13:54:04.000Z**: too much - **Alliswell Β· 2026-11-03T13:53:41.000Z**: hi - **Advo Β· 2026-11-03T13:53:01.000Z**: Challenging month - **Darrengohi Β· 2026-11-03T13:39:11.000Z**: overvalue. there are better mag 7 - **TCT Β· 2026-11-03T13:35:52.000Z**: Good results - **Michael1818 Β· 2026-11-03T13:27:16.000Z**: Trading around $310; Trump's easing of US-Iran tensions, strong pre-orders for Apple's new foldable phone, and timely shipments driven by surging demand. Cash flow recovery has significantly boosted book profits, which should provide temporary tailwinds to stock price volatility. - **NΒͺΕΊtyTΔ±mΔ›piΓͺcΔ“ Β· 2026-11-03T13:22:52.000Z**: πŸŸ’πŸŸ’πŸŸ’πŸš€πŸš€πŸš€ - **Michael1818 Β· 2026-11-03T13:22:11.000Z**: Has it fallen? - **Michael1818 Β· 2026-11-03T13:20:50.000Z**: Apple's trend has also turned down. - **huathuat8 Β· 2026-11-03T13:13:06.000Z**: 😍😍😍 - **Yoopie Β· 2026-11-03T13:11:14.000Z**: Up n away - **Dark Lord ATYM Β· 2026-11-03T13:09:33.000Z**: with a New CEO, iPhone Duo and iPhone 18 makes it a strong contender for beating expectations. the consumer gets the option to buy a larger format phone, no more sitting on the sidelines of Samsung Fold. - **Pengoo Β· 2026-11-03T12:58:57.000Z**: πŸ‘πŸ» - **ももさん Β· 2026-11-03T12:37:04.000Z**: beat the expectation and fly high - **Vinvin1688 Β· 2026-11-03T12:29:48.000Z**: Less buyers - **JSY Β· 2026-11-03T11:58:57.000Z**: Why the big drop? --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**