Apple will release its fiscal second-quarter earnings after the closing bell on Thursday.
Shares in the tech giant were down 15% year-to-date through Wednesday.
Investors are on high alert for details on trade-war impact and iPhone production.
Apple will report fiscal second-quarter earnings on Thursday after the closing bell.
The world’s largest company will explain how the macroeconomic uncertainty related to President Donald Trump’s trade policy is affecting its business, specifically the impact tariffs could have on its supply chain.
A recent report said Apple is planning to move a bulk of its iPhone production destined for US markets from China to India.
Apple’s earnings-release time is shortly after 4 p.m. ET, and its conference call with analysts will start around 5 p.m.
Apple’s stock was down 15% year-to-date through Wednesday’s close, underperforming the the S&P 500‘s 5% loss.
2025-05-01T14:30:21Z
Goldman Sachs is looking for Apple to answer 6 questions
Justin Sullivan/Getty Images
Analysts at Goldman Sachs said investors will be looking to hear answers to six key questions:
How will tariffs impact margins and demand?
How has the recently launched iPhone 16e performed?
What are Apple’s new product releases for the rest of 2025?
How has Apple’s competition in China evolved?
What’s next for Apple Intelligence?
How could Google’s antitrust lawsuit impact Apple’s revenue?
As for the actual results, Goldman analysts expect Apple to beat earnings per share expectations of $1.61 and revenue expectations of $94.0 billion in the quarter.
2025-05-01T14:00:12Z
Apple earnings expectations: Consensus first-quarter revenue estimate is $94.62 billion.