TradingKey – Apple closed at $314.16, just below the resistance level at $319.10, as August entered its final weekend. Apple’s CEO John Ternus will take his new role on September 1, after which Apple will then host its major iPhone event on September 9, and the company’s Mac lineup just got a chip refresh. The M6 chip. The fundamentals calendar can’t be ignored and the setup is bullish. However, risks remain with tariffs and component costs.
Q3 Results Still Provide a Strong Fundamental Base
Apple’s last reported financials are for the fiscal Q3 2026. Revenue for the quarter was $109.4 billion, up 16%, and diluted EPS was up 29% to $2.02. Apple also reported June quarter records for iPhone, Mac, and Services, as well as an…
