Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls

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

Tech stocks have been on a roller coaster this week. First, it was Microsoft and Meta, whose stock prices surged and plunged, respectively, after the companies announced their most recent quarterly results. Now it’s Apple’s turn. The iPhone maker’s stock price is down significantly after reporting its third-quarter 20

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

Apple’s iPhone revenue jumped by almost 22% in the three months to June, but its forecast for the current quarter fell short of analysts’ expectations.

Revenue rose 16% to $109.4 billion and EPS climbed 29%, but a shortfall in services sent Apple stock down in after-hours trading

Apple turned in another solid earnings report for the June 2026 quarter, which marks the last earnings period for outgoing CEO Tim Cook. For the three months ended June 27, Apple’s Q3 of fiscal 2026, the tech giant reported total revenue of $109.4 billion, up 16%. Net income came in at $29.8 billion, an increase…

July 29 : Equinix shares fell 3 per cent on Wednesday as soft third-quarter forecast overshadowed a raised full-year and long-term outlook.Here are some details:• For the third quarter, Equinix expects revenue of $2.53 billion to $2.58 billion, the midpoint of which is below analysts' estimate of $2.58 billion.• Equini

Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-off Apple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor stocks amid a wider tech sell-off. The iPhone maker’s shares h