Apple Shares Tumble Over 6% Even as Revenue and Profit Top Estimates

July 31, 2026
8:15 am

Apple Shares Tumble Over 6% Even as Revenue and Profit Top Estimates

TradingKey – Apple’s earnings guidance fell short of expectations, causing its stock price to plunge over 6%, risking a further decline toward the $300 milestone.

On July 30, Eastern Time, Apple ( AAPL) released its Q3 fiscal 2026 earnings report after hours, delivering a historically strong performance with both revenue and profit breaking historical records and exceeding Wall Street expectations. However, the stock price plunged sharply by 6.24%, nearly losing the $300 level intraday.

Apple stock chart, Source: TradingView

The latest financial report released by Apple shows that multiple core financial metrics exceeded market expectations, such as total revenue, net profit, and earnings per share, as detailed below:

Financial Metric

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