Apple reports Q4 earnings

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Stories discussed in this episode:

• John Ternus addresses iPhone Duo supply constraints, display issue
• Apple spent a record $45.77 billion on R&D in fiscal 2026, up 32%
• Apple forecasts its biggest revenue quarter ever despite supply constraints
• Apple reports Q4 2026 earnings: $114.5 billion in revenue, up 12%
• Apple says memory costs and Siri AI will weigh on holiday quarter profit margins

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