Apple (NASDAQ:AAPL) Shares Drop 7.4% After EPS Beat Largely Attributed to Tariff Refunds

U.S. financial markets did not trade on Saturday. Apple shares finished Friday at $308.91, falling 7.35%. The decline wiped out approximately $358 billion in value. Over the week, the stock dropped 7.2%, while the Nasdaq advanced 1.6%.

Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View

Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View

Goldman Sachs trimmed its global smartphone shipment estimates for 2026 and 2027 on Saturday after memory-chip costs jumped. The bank now expects volumes of 1.14 billion units in 2026 and 1.17 billion units in 2027, blaming tighter supply and high memory prices. The higher costs, Goldman said, are starting to show up in the prices of phones and laptops.
Intel shares move higher as Trump says Apple picking Intel for U.S. chips

Intel shares move higher as Trump says Apple picking Intel for U.S. chips

Intel is up sharply in U.S. premarket hours Thursday after President Donald Trump said Apple will partner with the chipmaker to design and produce chips in the U.S. Trump’s comments could give a lift to Intel’s contract manufacturing push. Dow Jones said the stock added over 7%, trading at $129.84 before the bell, which would be a record close if it holds.
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