๐ Apple $AAPL sinks -7% premarket โ earnings beat torpedoed by weak guidance and China miss
Apple topped fiscal Q3 estimates ($109.42B revenue, $2.02 EPS vs. $1.89 expected) but shares are sliding on cautious forward guidance tied to supply constraints and soft Services and China revenue. Near a $5T market cap, the market leaves zero room for outlook disappointment. Investors are clearly rewarding AI infrastructure bets and punishing anything that falls short on the vision. Not financial advice. Is $AAPL a buy-the-dip opportunity or is the AI narrative headwind a real problem?