Apple Exceeds Earnings Expectations But Shares Plummet: Why the Market Reacted So Sharply?

Apple's latest quarterly financial report exceeded expectations with $92 billion in revenue and $10 billion in profit. However, AAPL shares dropped 3.5% amid market shock. Analysts cited 12% decline in iPhone sales and 8% drop in Services Revenue as key factors. The Board of Directors highlighted the ongoing chip crisis and 15% decline in iPad sales. Dark pool data showed 20% bullish positioning for AAPL, while AKD flows recorded 15% net buying. This suggests short-term optimism from smart money. As Volkan Şen, I anticipate Apple's short-term stock performance has pushed its technology market share below 5%, influenced by supply chain bottlenecks. Production delays for iPhone 16 and iPhone 16 Pro, due to chip shortages, could lead to a 10% long-term stock decline.