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%.
Their personal relationship has not always helped "Tim Apple", but Tim Cook has been more successful in working with Trump than most.
This exclusive Black Friday deal discounts Apple's brand-new M4 Max MacBook Pro with a top-of-the-line 40-core GPU and 64GB RAM by $320, delivering the lowest price ever. Plus, save on AppleCare with coupon.
The state that's been the site of two of the largest Apple Store theft rings in recent years will punish retail theft more severely, while one scammer replaced an iPhone with sugar.
Apple's iPad Pro has been heavily discounted as Black Friday deals week is well underway, with discounts of up to $400 off M4 11-inch and 13-inch models — and up to $1,000 off blowout M2 tablets.
Apple updated its AirPods Max with USB-C and new color options in September 2024, but is reportedly not planning any further changes to the headphones.
Apple is in the process of overhauling Siri to catch up to AI engines like ChatGPT, but the revamp will emerge in stages across 2025 and into 2026.
Apple will dramatically reduce the cost of speaker repair in the Apple Silicon 14-inch MacBook Pro and 16-inch MacBook Pro, ending the longstanding need to buy a whole replacement top case.
With Black Friday just around the corner, many software deals are emerging, offering substantial savings on some of the top software products. Here's a roundup of the best deals AppleInsider has found.
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AppleInsider Staff
William Gallagher
Christine McKee
Stephen Silver
Charles Martin
Amber Neely
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.