$AAPL · Schwab Network · 2026-11-03
苹果的业绩相当不错，季度营收达1145亿美元，创下纪录；但内存价格正在拖累前瞻利润率指引，加之高估值（市盈率接近40倍，前瞻市盈率约36倍）已把门槛抬得很高，这令股价承压，盘前下跌约4%。
逐段跳播
所以这就是整体情况，我们确实看到 Apple 和 Palunteer 都承受了一点压力。
So that is the big picture and we did see a little bit of pressure on both Apple and Palunteer
那 Apple 的财报呢？我知道 John Turnis 提到过存储芯片等成本，但总体来看，我认为这些数字被视为不错，不过股价本身却承受着一定压力。
What about the Apple earnings? I know John Turnis has noted the costs of memory chips and such, but overall I think they're being viewed as some good numbers, but the stock itself is under some pressure.
是的，股价下跌了4%。如果你看过 Fast Market 和 Swab Network，我们之前就一直在讨论，Apple 的估值有点高，市盈率接近40倍，远期市盈率大约36倍。
所以，他们需要交出好数字。他们确实交出了相当不错的数字。然而，然而，存储价格正在拖累利润率指引。本季度的利润率还可以，但他们为未来给出的利润率指引，我认为才是让投资者担忧的地方，Nicole。
所以，是的，数字相当不错。你看，季度营收创下1145亿美元的季度纪录。呃，所以2026年全年营收4780亿美元，净利润307亿美元，呃，增长了14%，每股210美元。所以真正影响 Apple 的是指引，我们会观察它如何发展，因为你知道，股价最高触及348，目前盘前下跌约4%，我们看看它会怎么走。
但呃，是的，快速总结一下 Apple：存储价格正在拖累未来的利润率指引。这让投资者有点动摇。但就像我说的，估值方面，它一路涨到这里已经有一波不错的上涨。门槛相当高。所以，不需要太多东西就能让 Apple 在这里稍微动摇一下。而利润率指引就是原因，Nicole？
Yeah, stocks down 4%. And if you watched Fast Market and you watch the Swab Network, we've been talking about this for a while that Apple's valuation was a bit high near 40 w with their PE and their forward PE around 36.
So, they needed good numbers. Well, they did put up pretty good numbers. However, however, memory prices are hurting margin guidance. The margins for this quarter were okay, but the margins that they guided for in in the future will I think is what's concerning investors, Nicole.
So, yeah, pretty good numbers. If you look, quarterly revenue hit a quarterly record 114.5 billion. Uh so the full year 2026 revenue $478 billion net income was 30.7 billion so uh up 14% $210 a share so it was the guidance that is really affecting Apple and we'll watch how it plays out because you know the stock hit as high as 348 so it's down about 4% pre-market we'll see where it goes but uh yeah it was to sum up Apple very quickly.
Memory prices are hurting the margin guidance going forward. That's shaking investors just a little bit. But like I said, the valuations, it's had a nice run up to here. The bar was pretty high.
So, it wouldn't have taken much uh to shake Apple a little bit here. And the margin guidance is what did it, Nicole?
和你刚才谈到的其他一些 mag seven 名字相比，情况截然不同。呃，我们从 Google 和 Meta 这类公司看到的资本募集，以及你知道的 AI 领域资本开支有多大，而 Apple 在某种程度上与这个故事隔离开来，所以有时这是好事，有时不是，但在这个情况下是好消息，因为它最近刚创下一些历史新高，但已经回落了一些。
such a different picture than some of those other mag seven names you were talking about. um the capital raises that we've been seeing from the likes of Google and Meta and you know how much the capex spending in AI and sort of Apple's been a bit sort of insulated from that story and so sometimes that's good and sometimes not but in this case it's been good news because it hit some new all-time highs just recently but has pulled back a bit
而且，你知道，这很有意思。呃，昨天 Dan Ives 在讲话，他谈到未来五年应该持有哪些股票，以及科技股抛售有点像是一次心理考验。他同时提到了我们刚讨论的这两个名字，Apple 和 Palunteer。这是他未来五年看好的两个名字。
And, you know, it's interesting. Uh, yesterday Dan Ives was speaking and he was talking about what names to own for the next five years and that the tech selloff was a bit of a gut check.
And he had both of these names that we just discussed, Apple and Palunteer. It's two names that he liked for the next five years.
这个频道对 $AAPL 的历次判断
Schwab Network 在这只股票上共 50 条判断，这里只列相邻的几条。