Micron’s stock falls after Apple’s Tim Cook expresses a desire for more memory suppliers

Apple and Amazon are both being hurt by higher memory prices.

The iPhone maker warned that supply constraints and slowing growth would weigh on results in the current quarter.

The U.S. stock market is swinging between gains and losses, as Wall Street’s wild July remains rocky

Apple beat estimates on every metric, but memory-chip costs and no more tariff refunds spooked investors into a 2.3% drop after hours.

Apple's Q3 2026 results marked Tim Cook's final earnings call as CEO, with revenue hitting a record $109.4 billion, up 16%. iPhone revenue rose 22% to $54.25 billion and Mac jumped 29% on MacBook Neo demand. Yet Apple stock fell up to 8% after weak September guidance. Cook cited a "100-year flood" on memory prices. Joh

During today’s conference call, Tim Cook addressed Apple’s mounting memory supply and pricing challenges, but suggested that adding more suppliers may not actually bring product prices back down. Here are the details.

Traders work on the floor of the New York Stock Exchange during morning trading on July 30, 2026 in New York City. Michael M. Santiago | Getty ImagesCheck out the companies making headlines after the bell: Amazon — The e-commerce giant's shares shot up more than 9% in extended trading after the firm reported better-tha

Apple saw revenue jump 16% to pass $109 billion for its fiscal third quarter ended in June. EPS of $2.02 included a tariff refund of 11 cents a share. It’s a momentous quarter beyond the numbers as it is CEO Tim Cook’s last presiding as chief executive. His successor John Ternus takes the reins Sept.…