What is driving Apple's stock to all-time highs?

Apple's stock is reaching all-time highs primarily due to strong growth in its Services revenue, which now includes over 1 billion paid subscribers.

Why are Tesla's Q4 deliveries expected to decrease?

Tesla's Q4 deliveries are projected to drop because the $7,500 EV tax credit has expired and competition from Chinese EV makers is intensifying.

What are Apple's fiscal first-quarter 2026 sales predictions?

Apple anticipates net sales to grow between 10% and 12% year-over-year for the first quarter of fiscal 2026.

Home / Business and Economy / Apple Soars: Services Fuel Record Highs

Apple Soars: Services Fuel Record Highs

3 Dec

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Summary

Apple's services revenue boasts over 1 billion paid subscribers.
New iPhone 17 is expected to drive Apple's top-line growth.
Tesla Q4 deliveries are projected to decline due to incentives ending.

Apple Inc. is experiencing a surge, with its stock hitting new all-time highs. The company's Services division is a significant growth engine, now supporting over one billion paid subscribers. Anticipation is building for the new iPhone 17 series and enhanced AI capabilities, which are projected to propel Apple's financial performance in the coming quarter. Fiscal 2026 first-quarter net sales are forecast to increase by 10% to 12% year-over-year.

Despite positive momentum, Apple faces challenges including a projected 47-48% gross margin for the first quarter of fiscal 2026, impacted by an estimated $1.4 billion in tariffs. Increasing regulatory scrutiny and trade tariffs present ongoing concerns for the tech giant. Meanwhile, Tesla, after setting a Q3 delivery record, is bracing for a downturn in Q4 deliveries.

This decline is attributed to the expiration of the $7,500 EV tax credit and escalating competition, particularly from Chinese manufacturers. Sales have already shown a downward trend in significant markets, with Europe leading the decrease. This shifting market dynamic presents a considerable hurdle for Tesla in the upcoming quarter.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.