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Apple's Stock Price Plummets Nearly 7% in After-Hours Trading Amid Q4 Performance Concerns and Rising Memory Chip Costs
16 hour ago /
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Author：小编
On July 30, Apple unveiled its financial results for the third quarter of fiscal year 2026, revealing a remarkable performance with quarterly revenue reaching $109.417 billion, marking a 16% year-on-year surge, and net profit soaring to $29.789 billion, up 27% from the previous year. Both figures exceeded market expectations. Nevertheless, Apple's stock price took a significant hit in after-hours trading, plummeting nearly 7%, primarily due to a combination of factors, including a lackluster performance outlook for the fourth quarter and escalating supply chain pressures stemming from the global surge in memory chip prices.
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