Apple Report Drives Bearish Sentiment for AAPL Stock
Apple, the largest U.S. market-cap company, released its Q3 earnings report on October 31: → Earnings per share (EPS): Actual = $0.97, Expected = $1.60→ Gross revenue: Actual = $94.9 billion, Expected = $94.5 billion The nearly 40% miss on EPS likely disappointed investors, contributing to bearish pressure. As seen in AAPL’s chart, prices dropped…