{"id":1025468,"date":"2026-08-01T08:42:18","date_gmt":"2026-08-01T03:12:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025468"},"modified":"2026-08-01T09:27:14","modified_gmt":"2026-08-01T03:57:14","slug":"why-did-apple-shares-plunge-over-6-after-beating-q3-estimates","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/01\/why-did-apple-shares-plunge-over-6-after-beating-q3-estimates\/","title":{"rendered":"Why did Apple shares plunge over 6% after beating Q3 estimates?"},"content":{"rendered":"<p>Apple posted solid financial results for Q3 on Thursday \u2014 beating estimates amid strong iPhone and MacBook sales. Revenue grew 16% to $109.42 billion while earnings rose 27% to $29.79 billion in the April-June period. But shares of the company fell by 6.33% in after-hours trade amid a sluggish revenue growth forecast for the September quarter. CEO Tim Cook has cited an ongoing memory-chip shortage driven by the artificial intelligence boom as a key reason.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple posted solid financial results for Q3 on Thursday \u2014 beating estimates amid strong iPhone and MacBook sales. Revenue grew 16% to $109.42 billion while earnings rose 27% to $29.79 billion in the April-June period. But shares of the company fell by 6.33% in after-hours trade amid a sluggish revenue growth forecast for the September quarter. CEO Tim Cook has cited an ongoing memory-chip shortage driven by the artificial intelligence boom as a key reason.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,64,12],"tags":[],"class_list":["post-1025468","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025468"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025468\/revisions"}],"predecessor-version":[{"id":1025504,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025468\/revisions\/1025504"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}