{
  "id": 17963866,
  "title": "Breakfast News: Apple’s Record Quarter Has a Catch",
  "url": "https://urgent.news/2026/11/03/breakfast-news-apples-record-quarter-has-a-catch",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T12:30:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/breakfast-news/2026/11/03/breakfast-news/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "On Monday, John Ternus, Apple's newly appointed CEO, unveiled his first earnings call with a remarkable record quarter for the tech giant. The company's revenue surged by 12% to reach $114.5 billion in the fourth quarter of fiscal year 2026, marking Apple's highest September quarter ever. Notably, iPhone sales grew by 17%, while Mac sales experienced a 24% increase despite facing supply constraints.\n\nHowever, the excitement surrounding Apple's record-breaking performance was overshadowed by concerns over memory chips. As traders digested the news, shares of Apple experienced a decline of nearly 3% in pre-market trading.\n\nIn a separate piece of financial news, The Motley Fool reported on three recommendations that have entered the earnings spotlight over the next 24 hours. Salesforce (CRM -1.30%), a leader in customer relationship management (CRM), has been the focus of attention among the recommendations. The company has earned four recommendations from Rule Breakers, each of which has performed exceptionally well. Salesforce's recommendation from January 2009 has gained an astonishing 3,288%, outperforming the market by an impressive 2,131 percentage points. Another recommendation from December 2011 has also outperformed, delivering a 843% return, surpassing the S&P 500 by 146 points. The two most recent recommendations, from 2018 and 2019, have yet to match the impressive returns of the earlier ones but still trail behind the S&P 500. While macro politics may play a role in investment decisions for some, others prefer to focus solely on the company's financial performance and growth potential. Fools looking to enhance their investment strategies can benefit from The Motley Fool's premium services, which provide stock recommendations, portfolio guidance, and more.",
  "summary": "Apple slides on margin worry, Palantir falls despite earnings beat, and more…",
  "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."
}