Shares of Apple Computer plummeted nearly $6 in after hours trading on Tuesday, losing over 11% of their value despite the company reporting the best quarterly results in its history.
However, the results still fell short of the extremely high investor expectations that have been baked into the company's stock price, which has recently traded at all-time highs.
As of 5:00pm eastern time, Apple stock was trading at $45.85, down $5.74 or some 11.13%.
As part of an ongoing antitrust case related to its search engine, Google has submitted proposed remedies responding to the court decision, including how Apple may be affected.
Apple is set to have a busy spring with new iPads, iPhone SE 4, and M4 in MacBook Air, but those new MacBooks could come earlier according to a new rumor.
A MacBook Air price war continues as retailers vie for your year-end shopping dollars, with Apple's 15-inch MacBook Air with 16GB RAM marked down to $1,099 at Amazon and Best Buy through Christmas Eve.
Apple appears to be working on a minor update for its iPhone operating system, with different claims hinting towards the release of iOS 18.2.1 in the near future.
The annual Apple Pay donation campaign, which serves to help vulnerable communities affected by AIDS, has raised a total of $3 million in 2024.
Apple's rumored iPhone 18 Pro camera update has surfaced again, with the use of a variable aperture wide-angle lens expected to offer improved depth of field effects in photography.
Analyst Ming-Chi Kuo says that Apple will move away from its current processor designs that keep the CPU and GPU cores on the same chip — and see a performance gain.
On this episode of the HomeKit Insider Podcast, your hosts talk through even more smart home rumors from Apple, talk about the new 18.3 releases, and review the xBloom smart coffee maker.
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AppleInsider Staff
Marko Zivkovic
Wesley Hilliard
Christine McKee
Malcolm Owen
William Gallagher
Andrew O'Hara
37 Comments
"One more thing?" Hmmm.. Looks like they timed this perfectly.
Buy.
"It's too valuable, oh no!"
Buy.
My thoughts exactly, they did beat expectations but just not enough. Just your typical overreaction from analysts. Tomorrows event should be big, which is why it's tomorrow and wasn't at Paris.
The market is psycho.