AAPL · PEAD ↓ 80

Apple reported Q3 FY2026 EPS of $1.91 on 2026-07-30, beating the $1.88 consensus by $0.03 (+1.6%).

Print-day reaction was -1.4% versus the prior close, a muted decline despite the EPS beat, suggesting the market found something it disliked beneath the headline number. The overnight gap to the T+1 open deepened the damage by a further -8.6%, a substantial fade indicating after-hours sellers were firmly in control. Over the following two trading days the drift added just +0.15%, providing no meaningful recovery and confirming that buying interest was absent. With a cumulative abnormal return of -14.3% versus SPY.US — which itself gained +5.7% over the same window — the PEAD verdict is short; the holding window runs through 2026-10-27.