Apple Stock Pullback:
**Apple Shares Drop 7.5% Despite Record iPhone Quarter**
Cupertino, July 31, 2026 — Apple Inc. reported a record June-quarter performance with iPhone revenue rising 22% to $54.3 billion and total revenue hitting $109.4 billion.
However, the stock fell approximately 7.5% after the company guided for slower 9–11% revenue growth in the current quarter, citing significant supply constraints on advanced chips and soaring memory costs driven by AI demand.
This marks Tim Cook’s final earnings report as CEO.
#TRUMP #trading #iran #Apple $BNB $BTC
**Apple Shares Drop 7.5% Despite Record iPhone Quarter**
Cupertino, July 31, 2026 — Apple Inc. reported a record June-quarter performance with iPhone revenue rising 22% to $54.3 billion and total revenue hitting $109.4 billion.
However, the stock fell approximately 7.5% after the company guided for slower 9–11% revenue growth in the current quarter, citing significant supply constraints on advanced chips and soaring memory costs driven by AI demand.
This marks Tim Cook’s final earnings report as CEO.
#TRUMP #trading #iran #Apple $BNB $BTC