The Zhitong Finance App learned that the mobile phone industry chain has declined collectively. As of press release, Hongteng Precision (06088) fell 5.01% to HK$3.225; Qiu Ti Technology (01478) fell 2.79% to HK$4.35; Lansi Technology (06613) fell 2.54% to HK$12.64; and Goldway Electronics (01415) fell 1.94% to HK$20.26.

According to the news, Apple announced financial results for the fourth quarter of the 2026 fiscal year ending September 26, 2026. Apple's revenue for the quarter was US$114.5 billion, up 12% year on year, exceeding previous market expectations; net profit was US$30.7 billion, up 12% year on year. However, Apple's revenue in Greater China this quarter was 17.539 billion US dollars, an increase of 21% year over year, lower than the market's general forecast of 18.75 billion US dollars.

Notably, Apple's chief financial officer made it clear during the earnings call that memory costs are the main source of pressure on gross margins this season, and the impact of high memory costs will be even heavier next quarter. Apple previously stocked up on lower-priced components, but this batch of inventory is rapidly being exhausted, and it will have to purchase memory at a higher price in the future. Apple's gross margin guidance range for the December quarter was 45% to 46%, a sharp drop of nearly 2 to 3 percentage points from the actual gross margin of 47.9% this quarter, and far lower than Wall Street's previous expectations.

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