Apple Shares Fall 4% Over Foldable Delay

Apple stock fell 4% on Tuesday, becoming the Dow’s biggest loser, after reports of foldable iPhone engineering setbacks.
The delays could push first foldable iPhone shipments back by months, potentially affecting Apple’s second‑half‑2026 flagship launch timeline.
App Store growth slowed to ~5% FX‑neutral in Q1 2026, with U.S. and Japan revenues falling YoY while China grew 7%.
Apple had risen 5% over the previous four days, making the 4% drop a sharp reversal versus Nasdaq 100.