Apple stock suffered its worst day in more than a year

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Apple stock suffered its worst day in more than a year Nauman Khan Fri, June 26, 2026 at 12:27 PM EDT 1 min read AAPL This article first appeared on GuruFocus . Apple ( NASDAQ:AAPL ) shares tumbled more than 6% on Thursday, marking their sharpest single-day decline in over a year after the technology giant raised prices on several MacBook and iPad models amid rising component costs. The price adjustments affected multiple products across Apple's hardware lineup. The entry-level MacBook Neo increased to $699 from $599, while the 512GB MacBook Air rose to $1,299 from $1,099. Apple also lifted the price of its 1TB MacBook Pro to $1,999 from $1,699. Is AAPL fairly valued? Test your thesis with our free DCF calculator. Apple raised tablet prices as well. The iPad Air 128GB now costs $749 compared with $599 previously, and the iPad Pro Wi-Fi 256GB model increased to $1,199 from $999. The company said escalating component expenses prompted the pricing changes and indicated additional increases could follow if cost pressures persist. The move highlights the challenges facing Apple as hardware production costs continue to climb.

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Apple(AAPL) shares plunged more than 6% in one day after announcing large price increases for MacBook and iPad models, marking the largest single-day decline in about a year. Multiple models were raised, including entry MacBook Neo, 512GB MacBook Air, 1TB MacBook Pro, iPad Air, and iPad Pro, and the company signaled that additional increases could be possible, citing rising component costs. The move heightens concerns about a slowdown in Apple’s hardware sales and margin pressure, which is negative for AAPL in the short term and could adversely affect demand for premium electronics. Conversely, stronger price-pass-through power for component suppliers and demand migration to competing OEMs and the used/refurbished market are notable additional spillover effects. Investors should monitor upcoming sales trends and changes in gross margins to assess whether the short-term shock will persist.

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