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Apple beats sales and profit expectations but AI costs weigh on holiday sales

Economic Times Tech ·

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 pri

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Economic Times Tech, on 3 Nov 2026. The full article is at the source link on this page.