Overview

• Apple is set to report its fiscal Q3 results after market close on Thursday with analysts forecasting $89.3 billion in revenue and $1.43 per share in earnings.
• Shares have declined about 16% year-to-date as investors weigh tariff-driven cost pressures, regulatory scrutiny of its default search deal with Google and uneven iPhone demand.
• Wall Street analysts say any update on Apple’s delayed in-house AI initiatives or potential partnerships could soothe concerns that the company is falling behind tech peers.
• Trade tensions with China continue to challenge margins despite Apple’s supply-chain shifts to India to mitigate new duties.
• Options traders are pricing in an approximately 4% post-earnings swing, double the average move over the past four quarters.