Apple stock slips on App Store slowdown signal — what Wall Street is watching next
NEW YORK, January 6, 2026, 16:13 (ET) — After-hours Apple Inc shares fell 1.8% on Tuesday to $262.34, sliding as traders weighed fresh signals that App Store spending growth is cooling ahead of the iPhone maker’s next earnings report. That matters because investors have leaned harder on services for proof Apple can grow beyond hardware cycles, and App Store trends often shape expectations for the company’s services line before official results. With Apple valued at roughly 30 times earnings, a price-to-earnings multiple that shows how much investors pay for each dollar of profit, the stock can react sharply to small