Apple shares opened October 2, 2026, near $330 after closing the prior session at $330.32, trading within a 52-week range of $243.42–$345.34 and reflecting a year-to-date gain exceeding 22%. The latest fiscal third-quarter results delivered $109.42 billion in revenue, up 16.4% year over year, and EPS of $2.02 that beat consensus, supported by iPhone and Services growth. Offsetting factors include Morgan Stanley’s modest price-target reduction to $355 and concerns over rising memory costs plus potential AI-driven disruption. With the next earnings release scheduled for October 29, intraday order flow and broader tech-sector sentiment will determine whether the close exceeds key technical levels near recent highs.
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