Why Shares of Apple Are Falling Today
Shares of the iconic consumer tech giant (NASDAQ: AAPL) were trading nearly 2% lower at 12:05 p.m. ET today, after the company reported earnings results for its third quarter of fiscal year 2025. Shares had traded close to 3% higher earlier in the day before giving away the gains.
Apple reported strong quarterly results, with earnings per share of $1.57 and revenue over $94 billion, easily topping Wall Street analyst expectations. In fact, year-over-year revenue growth of 10% is the highest the company has seen since 2021. iPhone sales surpassed $44.5 billion, compared to consensus estimates of roughly $89.5 billion. Apple also had $800 million in costs in the quarter due to tariffs.
Source Fool.com
Apple Inc. Stock
€218.30
-0.210%
Our community is currently high on Apple Inc. with 100 Buy predictions and 9 Sell predictions.
As a result the target price of 227 € shows a slightly positive potential of 3.99% compared to the current price of 218.3 € for Apple Inc..
