Apple earnings under pressure from tariffs, slow AI roll-out
Long seen as the safest Big Tech bet, Apple is heading into Thursday’s earnings with its business facing pressure from U.S. tariffs, tough competition in China and a high-stakes artificial intelligence race it has been late to enter.
Wall Street expects the company to post a 4.2% rise in revenue for the April-June quarter to $89.34 billion. Still, the focus will be on how Apple plans to adjust to a landscape that has turned its global supply chain, long a strength, into a potential liability.
