AAPL ▼ -5.4% - Apple Inc. $AAPL CFO Kevan Parekh on rising memory costs: “When you remove the tariff refunds ... both company and products gross margin would be down about 1 point sequentially, primarily driven by higher memory costs.” That implies miss: 46.9% GM vs. 47.5% est., FWIW. 02-NOV-2026 05:28 PM ET