

Apple is in the spotlight as it prepares to announce its results amid concerns about delays in new AI features and the impact of U.S.-China tariffs. The company, which produces 90% of its products in China, has seen its shares drop over 16% this year, losing more than $600 billion in market value. To counter potential tariffs, Apple is shifting some iPhone production to India. While the demand for the iPhone 16e is strong in India, Apple is facing challenges, including a delay in upgrading Siri and a decline in iPhone shipments in China. Analysts predict a modest revenue growth of 4.2% for Apple in the upcoming quarter.