Sunday, August 2, 2026
Business

Apple’s record iPhone boom just became a Wall Street trap

PUBLISHED·2h ago·3 min read

Apple (AAPL) reported the type of quarter that should have sent its stock price skyrocketing. Revenue rose 16% from a year earlier to $109 billion, while profit increased 26% to $29 billion. iPhone sales jumped 22%, Mac revenue climbed 25%, and the iPhone 17 produced the biggest product launch in ...

Continue Reading

Read the Full Story.