Why Apple Stock Dropped on Friday
Shares of Apple (NASDAQ: AAPL) fell on Friday after the iPhone maker warned of supply shortages and soaring component costs that were delaying sales and denting its profit margins.
Image source: Getty Images.
Apple's revenue grew 16% year over year to a whopping $109 billion in its fiscal 2026 third quarter, which ended on June 27.
Source Fool.com
Apple Inc. Stock
€270.15
-0.390%
Currently there is a rather positive sentiment for Apple Inc. with 76 Buy predictions and 7 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 4.39% for Apple Inc. compared to the current price of 270.15 €.
