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.
2025-05-01T14:00:12Z
Apple earnings expectations: Consensus first-quarter revenue estimate is $94.62 billion.
Second quarter
Third quarter
- Capital expenditure estimate: $2.55 billion
Full-year 2025
- Capital expenditure estimate: $10.77 billion
Source: Bloomberg