Apple Stock Falls After Earnings Release -- WSJ
Dow Jones2026/07/30 21:30By Shradha Dinesh
Apple's third-quarter earnings featured strong growth for its flagship product, but shares are falling about 4% after market close.
IPhone sales grew 21% , but Apple's overall revenue of $109.4 billion came in only slightly above Wall Street's $108.2 billion estimate.
Apple investors had high expectations: Shares had already surged ahead of earnings as investors felt more secure in the company's relatively modest capital-spending compared with its hyperscaling peers.
Investors are also watching for signs that the company's planned price hikes due to ever-mounting memory and chip costs could dampen consumer demand across all products.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 30, 2026 17:30 ET (21:30 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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