New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales
Published . Updated .
Apple's revenue for its fiscal Q4 was $114.5 billion, surpassing Wall Street's estimates of $113.46 billion. EPS came in at $2.10, topping estimates.
Directly affected
- AAPL Apple+1.4% 30d
Named in this report.
Indirectly affected
- FXI iShares China Large-Cap ETF-5.0% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- BABA Alibaba Group Holding-8.3% 16d
Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- NTES NetEase
NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- JD JD.com+0.0% 7d
JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- BIDU Baidu-11.4% 30d
Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AAPL | +2.48% | +3.04% | base | after close | after close | after close | after close |
| FXI | -2.20% | -1.54% | base | after close | after close | after close | after close |
| BABA | -1.29% | -1.96% | base | after close | after close | after close | after close |
| NTES | -1.20% | -2.92% | base | after close | after close | after close | after close |
| JD | -2.83% | -2.55% | base | after close | after close | after close | after close |
| BIDU | +1.75% | +2.26% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales Business Insider
Source: Business Insider
Ishares China Large-Cap Etf (FXI) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| AAPL | three days earlier | +3.04% | final price |
| AAPL | five days earlier | +2.48% | final price |
| Alibaba Group Holding (BABA) | three days earlier | -1.96% | final price |
| Alibaba Group Holding (BABA) | five days earlier | -1.29% | final price |
| Baidu (BIDU) | three days earlier | +2.26% | final price |
| Baidu (BIDU) | five days earlier | +1.75% | final price |
| Ishares China Large-Cap Etf (FXI) | three days earlier | -1.54% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -2.20% | final price |
| JD.com (JD) | three days earlier | -2.55% | final price |
| JD.com (JD) | five days earlier | -2.83% | final price |
| NetEase (NTES) | three days earlier | -2.92% | final price |
| NetEase (NTES) | five days earlier | -1.20% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $100,001 - $250,000 on 22 Sep 2026. That is 41 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Cleo Fields bought Apple (AAPL), worth $1,001 - $15,000 on 8 Sep 2026. That is 55 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Cory A Booker sold JD.com (JD) (held by a spouse), worth $1,001 - $15,000 on 11 Aug 2026. That is 83 days before publication. Filed 9 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares China Large-Cap Etf (FXI)
Companies mentioned with this story
- FXI Ishares China Large-Cap Etf
Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales.” Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- BABA Alibaba Group Holding
Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales.” Reason on file: Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- NTES NetEase
In “New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales,” NetEase (NTES) is linked, with no stored direction, medium confidence. Reason on file: NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- JD JD.com
In “New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales,” JD.com (JD) is linked, with no stored direction, medium confidence. Reason on file: JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
- BIDU Baidu
In “New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales,” Baidu (BIDU) is linked, with no stored direction, medium confidence. Reason on file: Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
Ishares China Large-Cap Etf (FXI)
“New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales” (2 Nov 2026) reaches Ishares China Large-Cap Etf (FXI) through this story.
Ishares China Large-Cap Etf (FXI) is on the page because iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
Also listed, Alibaba Group Holding (BABA): Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares
Price levels for Ishares China Large-Cap Etf (FXI)
BABA traded between 99.59 and 120.30 across 12 sessions. The latest close on file is 100.27. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.13.
What the saved facts support for Ishares China Large-Cap Etf (FXI)
40 out of 100
“New CEO John Ternus delivers an Apple earnings beat — but soft China and iPad sales” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.