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Next report
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Last result
$2.05Beat
vs $1.98 expected on Nov 2
Stock move on it
−1.90%
one session
Typical move
±4.6%
average over 2 reports
Price
$354.89
−0.21% today · $4.97T cap

Past and upcoming reports

2
Nov 2, 2026$1.98Beat$2.05−1.90%
Jul 30, 2026$1.89Missed$1.57−7.35%

After the report

Jul 30, 2026 report

This covers the Jul 30, 2026 report. The Nov 2, 2026 numbers are in the table above.

Apple EPS Misses by 16.5% as Guidance Shock Sinks Stock 7.3%

Apple reported Q3 2026 EPS of $1.57, missing estimates by $0.31 (-16.5%). The stock dropped 7.32% on record volume, driven by a weak outlook flagged as a 'guidance shock'. Revenue details not disclosed, but services growth and iPhone demand remain key monitors.

Reported against expected

Missed
Actual EPS $1.57 missed consensus $1.88 by 16.5% (surprise -$0.31).

Guidance

Management guidance was weak. stock intelligence labels it a 'guidance shock' suggesting forward deterioration.

How the stock reacted

Stock fell 7.32% to $309.03 on heavy volume of 127.4M shares (vs. ~50M average).

What changed

EPS miss of 16.5% on weak guidance sent stock down 7.3%.

What the price now assumes

Pricing in fundamental deterioration. PE compression toward $300 support zone.

What it means for the business

Downgrade bias near term. watch next quarter's iPhone and services for recovery.

The next one to three months, as we saw it then

Better case25%

Guidance shock is temporary. AI services ramp and iPhone 18 demand reaccelerate earnings.

Base case50%

Stock stabilizes as investors digest the miss. earnings drift sideways until new catalysts.

Worse case25%

Guidance shock reflects structural demand weakness. multiple compresses toward 28x P/E.

If you hold it

Hold unless next-quarter revenue misses guidance materially or customer concentration risk worsens.

If you are watching

Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.

Scenario odds are a judgement, not measured.

After hours

That's a wrap.

17hrs04min08sec

Market opens Friday, Nov 13 at 9:30 AM ET