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Apple and Palantir shares slide in premarket trading following post-bell earnings

Key Points

Apple and Palantir shares fell in premarket trading Tuesday after both announced earnings after the bell on Monday. Apple dropped 4.4% and Palantir lost 5.9%. The iPhone-maker reported better-than-expected revenue in its fourth-quarter earnings, but fell short of estimates on iPad sales and issued a margin forecast that disappointed investors.

Apple and Palantir shares fell in premarket trading Tuesday after both announced earnings after the bell on Monday. Apple dropped 4.4% and Palantir lost 5.9%. The iPhone-maker reported better-than-expected revenue in its fourth-quarter earnings, but fell short of estimates on iPad sales and issued a margin forecast that disappointed investors. Palantir beat Wall Street's third-quart estimates, with with U.S. commercial revenue topping government for the first time. This is a breaking story. Refresh for updates.
Apple (ORG) Palantir (ORG) iPhone (ORG) iPad (ORG) U.S. (LOCATION)
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