New York, Feb 9, 2026, 09:46 EST — Regular session
- Apple shares slipped 1.6% to $273.63 early in the session
- The stock trades ex-dividend on Monday, with the next $0.26 dividend scheduled for Feb. 12.
- Traders are eyeing U.S. jobs data on Feb. 11, then the CPI report set for Feb. 13, with Apple’s annual meeting coming up Feb. 24.
Apple (AAPL.O) stock dropped 1.6% to $273.63 during early Monday trading in New York, off $4.49 from where it finished on Friday. With a market value near $4.05 trillion, the iPhone giant’s shares are changing hands at about 34 times earnings, according to market data.
This shift carries weight: Apple’s a giant in U.S. stock indexes. Its moves hit index funds and large portfolios almost immediately, even if trading is muted.
Come Monday, Apple shares will start trading ex-dividend. Investors holding the stock by Feb. 9 will qualify for the 26-cent quarterly payout, set for Feb. 12, according to the company’s materials. 1
Product buzz cropped up, too. According to The Verge and Bloomberg’s Mark Gurman, Apple’s lining up an “iPhone 17e” running on an A19 chip and featuring MagSafe charging. Refreshed iPads and Macs are also in the mix, possibly landing by early March. It’d mark a return to Apple’s pursuit of the more budget-conscious slice of the phone market. No official word from Apple yet. 2
Tech shares lost ground too. The Invesco QQQ ETF, which tracks the Nasdaq, shed roughly 0.3%. The Technology Select Sector SPDR Fund barely budged. SPY, standing in for the S&P 500, eased about 0.2%.
Apple’s most recent major fundamental update landed in late January, showing quarterly revenue of $143.8 billion—a 16% jump from the prior year. Earnings per share reached $2.84. “iPhone had its best-ever quarter,” CEO Tim Cook said then. 3
Hard to match a quarter like that. Investors now have a thinner margin for error if consumers pull back or services start to lose steam.
Even so, the short-term picture isn’t one-sided. If product timelines get pushed, all that buzz tends to disappear quickly. And a macro shock? That tends to sting high-multiple tech stocks more than others.
Apple’s got another big date circled later this month. According to a proxy statement, the company will host its annual shareholder meeting online on Feb. 24. One proposal up for a vote: a so-called “China Entanglement Audit,” which landed on the ballot. 4
This week, traders are likely to focus less on Cupertino news and more on the numbers out of Washington. The Labor Department’s calendar has the U.S. jobs report set for Feb. 11, with the January CPI numbers landing on Feb. 13. 5
