Apple (AAPL) delivered another quarter of headline-beating results, with revenue and earnings topping Wall Street’s expectations. Yet instead of celebrating, investors rushed for the exits, sending the stock sharply lower after the company’s closely watched Services business fell short of expectations.
The miss has raised fresh concerns about the health of Apple’s most profitable growth engine at a time when the iPhone maker is already navigating intensifying competition, regulatory pressure on the App Store, and slowing momentum in its high-margin digital ecosystem.