{
  "id": 17903105,
  "title": "Apple beats sales and profit expectations but AI costs weigh on holiday sales",
  "url": "https://urgent.news/2026/11/03/apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on-17903105",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-03T02:49:19.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/technology/apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on-holiday-sales/articleshow/135479561.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Apple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a \"revenue record\" for the July-September quarter, driven by iPhone sales and services revenue, but increased costs related to AI will drag down margins. This includes primarily the impact of higher memory costs, as well as some costs related to the ramp of Siri AI,\" Parekh said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "AppleInsider",
        "title": "Over 2.5 billion daily Siri requests put Apple's AI overhaul in perspective",
        "url": "https://urgent.news/2026/11/02/over-2-5-billion-daily-siri-requests-put-apples-ai-overhaul-in",
        "published": "2026-11-02T22:55:59.000Z"
      },
      {
        "outlet": "9to5Mac",
        "title": "Apple says memory costs and Siri AI will weigh on holiday quarter profit margins",
        "url": "https://urgent.news/2026/11/02/apple-says-memory-costs-and-siri-ai-will-weigh-on-holiday-quarter",
        "published": "2026-11-02T23:08:58.000Z"
      },
      {
        "outlet": "Gulf News",
        "title": "Apple beats sales and profit expectations but AI costs weigh on holiday sales",
        "url": "https://urgent.news/2026/11/03/apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on",
        "published": "2026-11-03T00:03:20.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Apple beats sales and profit expectations but AI costs weigh on holiday sales",
        "url": "https://urgent.news/2026/11/03/apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on-17883635",
        "published": "2026-11-03T00:50:16.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Apple tops sales and profit forecasts but flags AI costs ahead of holiday sales",
        "url": "https://urgent.news/2026/11/03/apple-tops-sales-and-profit-forecasts-but-flags-ai-costs-ahead-of",
        "published": "2026-11-03T01:52:07.000Z"
      },
      {
        "outlet": "IOL",
        "title": "Apple beats sales and profit expectations but AI costs weigh on holiday sales",
        "url": "https://urgent.news/2026/11/03/apple-beats-sales-and-profit-expectations-but-ai-costs-weigh-on-17923907",
        "published": "2026-11-03T06:24:00.000Z"
      }
    ]
  },
  "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."
}