Apple shares fall despite profit growth as traders fear rising chip costs

Impact · against what's priced in

Apple's outlook is negative as the market's requirement for significant revenue acceleration is undermined by margin compression and misses in key product categories. The guidance miss on gross margins confirms a shift toward the bear-case scenario the stock had previously rejected.

AAPL−0.40: Challenges what's priced in
The price assumes: The bear-case margin compression and growth stall

Apple shares fall despite profit growth as traders fear rising chip costs

What matters in this story

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Apple shares fall despite profit growth as traders fear rising chip costs

What matters in this story

SanDisk Surges 7% as Memory Stocks Rebound From Kioxia Selloff; Micron and Western Digital Rise 4%

How each ticker is affected

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Apple shares fall despite profit growth as traders fear rising chip costs

What matters in this story

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SanDisk Surges 7% as Memory Stocks Rebound From Kioxia Selloff; Micron and Western Digital Rise 4%

Apple shares fall despite profit growth as traders fear rising chip costs

What matters in this story

Next reads from the same story arc

SanDisk Surges 7% as Memory Stocks Rebound From Kioxia Selloff; Micron and Western Digital Rise 4%

How each ticker is affected

Connected tickers

Track these names every morning.

ICHR Q3 Earnings Beat Estimates on Strong Margin Expansion

A Volatile Quarter, and Where We See It Heading

AMD Advances 5%, Intel Rises 4%, Marvell Gains 2% as Chip Stocks Bounce Ahead of AMD Earnings

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