Apple's fiscal Q4 2026 results, released November 2, delivered record $114.5 billion revenue (up 12% year-over-year) and $2.10 EPS, fueled by 17% iPhone growth and all-time high Services revenue of $31.6 billion. The stock initially dipped to $331.90 on November 3 amid margin concerns from rising memory costs and supply constraints, then surged to a record $355.38 intraday on November 5 amid post-election rotation before settling near $344 on November 6 with a $5 trillion market cap. Guidance for 7-10% December-quarter revenue growth and an ex-dividend date of November 12 underscore ongoing cash returns, while elevated R&D spending and analyst price targets clustered around $330-350 reflect tempered expectations for EPS expansion.