
Apple Stock Dumps $430B as Q3 Warning Spooks Bulls
Apple’s strong Q3 was not enough: supply warnings and slower services growth erased $430B and handed Nvidia the market cap lead.
Aug 2, 20261 min read0 reactions0 comments
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Apple’s strong Q3 was not enough: supply warnings and slower services growth erased $430B and handed Nvidia the market cap lead.

JP Morgan trimmed Apple’s target to $340 as memory shortages threaten Q4 supply despite strong iPhone 17 and Siri AI demand.