Apple’s Fiscal Q3 2026 Earnings Report
Apple Inc. (NASDAQ: AAPL) reported a 26% year-over-year revenue increase for its fiscal third quarter 2026 on July 30, despite a significant drop in share price by up to 10%. The company generated a total revenue of $30.7 billion from services, falling short of analysts’ expectations.
Significant constraints in the memory chip market, particularly DRAM and NAND, have impacted supply chains, resulting in higher costs for the tech giant. Apple’s projected revenue growth for the upcoming fourth quarter is between 9% and 11%, below the analyst forecast of 12% growth.
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