Apple Dips Below $310: A Great Accumulation Opportunity?
Apple's stock price has dipped below $310, making it an attractive accumulation opportunity for long-term investors. The company's strong Q3 earnings and growing services segment have driven its stock price higher, but recent concerns over memory costs and China revenue compression have led to a pullback.
The bull case for Apple is built around its iPhone 17 cycle and services flywheel, which are expected to drive continued growth in the coming months. The company's installed base exceeds 2.5 billion active devices, turning each product cycle into a compounding annuity. Services now clears roughly $30 billion a quarter at a 76.7% gross margin.
The bear case is more cautious, citing concerns over China revenue and gross margin compression. Greater China remains the swing factor, with revenue there bouncing to $25.53 billion in Q1 FY26 before settling at $18.82 billion in Q3. Polymarket traders assign only a 43.5% probability to AAPL closing August above $310.