Apple CEO John Ternus Faces Earnings Test Amid Rising Memory Costs

John Ternus will host his first earnings call as Apple's CEO on Monday, facing scrutiny over holiday forecasts and rising memory-chip costs.

Analysts expect Apple to report an 11% rise in revenue to $113.39 billion and a 6% net profit increase to $29.04 billion for the July-September quarter.

The company recently launched new products including its first foldable phone, the iPhone Duo, which faces global delivery delays and minor inner-display issues.