Apple's Mixed Q3 Earnings Report Sparks Stock Drop

Apple's latest earnings report revealed a mixed bag for investors as the company posted $109.4 billion in revenue, up 16% from last year.

The results sparked a roughly 10% drop in Apple stock at the opening of trading on Wall Street.

The App Store is experiencing regulatory changes that are affecting Apple's Services growth, while the company also faces the prospect of requiring heavy users to pay for Siri AI access.

In other news, Apple has agreed to Microsoft's request for universal clipboard interoperability between Windows PCs and Macs.