Apple Stock Pulls Back After Earnings Call Amid TSMC DRAM Supply Woes

Apple's stock price has experienced a slight pullback following its recent earnings call. Despite this, sentiment remains positive as buyers continue to step in. A new position of $141.1 million was opened, and Apple's inclusion on the back-to-school stock list is seen as a bullish catalyst.

The company's services growth and margin trends have been broken down by Moomoo AI in a clear and concise manner, making the dense call more digestible for investors.

However, there are concerns about TSMC's ability to fulfill orders due to a shortage of DRAM. The world's largest semiconductor manufacturer is reportedly sitting on $1 billion worth of Apple A20 Pro SoCs.