Apple closed its fiscal year with record numbers while shortages and memory costs weigh, and today the first iPad mini reviews and the iOS 27.3 beta arrived.
Update: Apple closes fiscal year with record $114.5 billion revenue; iPhone $57.6 billion, Mac $10.8 billion
Certain Other
Apple's fourth-quarter revenue rose about 12% year over year, with $30.7 billion in profit and record iPhone and services sales. MacRumors reports Greater China grew 21%. The stock slipped almost 3% in after-hours trading.
Apple expects a record holiday quarter, but memory costs squeeze margins and Mac and iPad stay constrained
Certain Mac iPad Other
For the holiday quarter Apple guides to 7 to 10% revenue growth, its best quarter ever, with gross margin of 45 to 46%. CEO Ternus calls memory pricing unprecedented and expects it to keep rising beyond December. Asked about further price increases, Apple gave no direct answer.
Update: five products reach stores Friday 6 November, most with launch-day delivery
Certain Mac iPad Events
The lineup is the OLED iPad mini (from $699), the M6 iMac, the 14-inch M6 MacBook Pro, and the 14- and 16-inch OLED touchscreen MacBook Pros (from $2,899 and $3,399). MacRumors says most orders look on time, except the base 14-inch touchscreen Pro in Space Black, which ships in 3 to 4 weeks.
First OLED iPad mini reviews: strong battery life and a better screen, but no 120Hz and no Face ID
Certain iPad
With embargoes lifted, reviewers praise the OLED panel and the slimmer body. Tom's Guide logged 14 hours 24 minutes of browsing, well above Apple's quoted 10 hours. Criticism: the display stays at 60Hz, there is no Face ID and the base model costs $699 with 128GB.
Apple seeds first iOS 27.3 beta to developers; redesigned Health app returns
Certain iPhone Software
The first iOS and iPadOS 27.3 beta reached developers this morning in the US. The revamped Health app, with Insights, Longevity and camera-based movement tests using iPhone and Apple Watch, is back and is expected for everyone next month. Apple Intelligence in China is also tied to 27.3.
Update: Ternus says iPhone Duo shortages have no end date; display problems hit a 'very small percentage'
Certain iPhone
The CEO says Apple cannot yet keep up with Duo demand and offers no timeline; new orders show January delivery estimates. A very small share of units has come back and is being replaced. UBS data put the average wait at roughly 89 days at the end of October.
Apple requires 18+ for dating apps and AI romantic companions; developers must declare from 16 November
Certain Software Other
From 16 November, App Store Connect asks whether an app has location sharing or dating and relationship features. Apps with such features, including virtual companions with romantic content, get a minimum 18+ rating. All apps must complete the declaration by 12 January 2027.
What Apple still has coming this year: HomeView and Apple TV 4K on 13 November, Home accessories in December
Medium Home Software
MacRumors' roundup has HomeView ($299) and the new Apple TV 4K ($299) arriving on 13 November. In December the Home Collection starts, with smart cameras, thermostats and a lock from partners including LG and Schneider Electric; some accessories slip to early 2027. Black Friday deals are not yet announced.
TrendForce: iPhone Duo could capture nearly 30% of foldables in 2027
Medium iPhone
TrendForce estimates around 5 million iPhone Duo shipments this year and a 24.8% share, rising to 29.8% in 2027. Samsung stays on top while Huawei slips. This is a research-firm forecast, not an Apple figure.
Rumor: Apple explores cheaper way to build OLED panels for Macs
Low Mac
Korea's The Elec reports Apple is evaluating a new display backplane technology (HMO) as a successor to LTPO, with Samsung Display and LG Display developing it. OLED for the MacBook Air and iMac is reportedly being tested but is said to be far off. Apple has confirmed nothing.
Next up: Wednesday 4 November Apple Intelligence test build for China; Friday 6 November five products go on sale; iOS 27.2.1 expected