Apple's strong fiscal Q3 2026 results, reported July 30 with revenue of $109.4 billion (up 16% YoY) and EPS of $2.02 (exceeding estimates), drove the post-earnings rally that positioned shares near $313 by the August 7 close. Record iPhone, Mac, and Services revenue, aided by tariff refunds boosting margins, reinforced trader confidence in sustained demand and ecosystem strength. This momentum, alongside analyst price targets averaging around $330, underpins the dominant 89.8% implied probability for a $310–$315 weekly close. Upcoming ex-dividend on August 10 and broader sector trends in AI monetization remain secondary factors amid the earnings-driven sentiment.