{
  "id": 17889461,
  "title": "Technology group: Expensive storage chips push Apple's stock into the red",
  "url": "https://urgent.news/2026/11/02/technologiekonzern-teure-speicherchips-ziehen-apple-aktie-ins-minus",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-02T22:10:58.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/technik/it-internet/technologiekonzern-teure-speicherchips-ziehen-apple-aktie-ins-minus/100265411.html"
  },
  "original_language": "de",
  "account": "In the first quarter, Apple's chief executive, John Ternus, announced record revenue and profit, succeeding Tim Cook. However, expensive memory chips and supply chain bottlenecks cast a shadow over the outlook. The company now anticipates only seven to ten percent growth in the holiday quarter, the cautiousest forecast in over a year. The stock price fell by approximately three percent after market close. In the fourth fiscal quarter, which ended in September, Apple's revenue rose by twelve percent to $114.5 billion, exceeding analyst predictions of around $113.4 billion. The profit increased by fourteen percent to $2.10 per share, surpassing expectations of about $2. Analysts had attributed part of the profit boost to the refunding of tariffs, which contributed five cents to the earnings surge. Nonetheless, Apple's profit remained at $30.7 billion. The business year concluded with $478.8 billion in revenue, a 15 percent increase from the previous year and the highest ever.",
  "summary": "Sales and profit at a record high, iPhone growing double-digit. But in John Ternus' first quarterly report, bottlenecks and chip crisis are putting pressure on Christmas forecasts.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}