Apple faces challenges heading into Thursday’s earnings, including a late entry into the high-stakes AI race, U.S. import tariffs, and intense competition in China. The consensus on Wall Street anticipates a 4.2% revenue increase for the April-June quarter, for a revenue total of $89.34 billion. However, attention will center on how Apple navigates a shifting landscape where its global supply chain, once a strength, now poses potential risks. Akash Sriram and Zaheer Kachwala for Reuters:
Note, President Trump said just this morning that the United States will impose a 25% tariff on goods imported from India starting on August 1st. In remarks, Trump said India will also face an unspecified penalty on August 1st, but did not elaborate on the amount or reason. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Ahead of earnings, Apple under pressure from slow-to-no AI roll-out, U.S. import tariffs appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Wednesday, July 30, 2025
Ahead of earnings, Apple under pressure from slow-to-no AI roll-out, U.S. import tariffs
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