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Barchart
Barchart
Sneha Nahata

Apple Reports Q3 Earnings on July 30. Here’s Why the AAPL Rally May Have More Room to Run.

Apple AAPL Services

Apple (AAPL) will announce its fiscal third-quarter 2026 earnings on Thursday, July 30. Apple stock has climbed about 25% year-to-date (YTD), making the tech giant the top performer among the "Magnificent Seven" stocks.

The surge in Apple stock is driven by robust demand for its iPhone 17 lineup and continued momentum in its high-margin Services business, which has helped drive growth in both revenue and earnings. While the stock's sharp advance has sparked concerns that its valuation may be stretched, Apple's underlying fundamentals suggest the rally could still have further to run.

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