Apple will hold its earnings call at 1:30 PM Pacific Time on May 1st, where it is expected to provide updates regarding recently launched products and revenue forecasts.

During the quarter (December 29th, 2024 – March 29th, 2025), Apple introduced several new accessories.

Apple has not provided official guidance for this quarter's revenue since before the pandemic; however, according to data compiled by Yahoo Finance, Wall Street anticipates an average of $94.1 billion in revenues—a 3.5% increase from last year’s reported figure of $90.8 billion. These projections align with CFO Kevan Parekh's previous comments during the earnings call regarding expectations for "low to mid-single-digit percentage growth" in overall company revenue this quarter.

A key focus of the upcoming conference will be how recently implemented reciprocal tariffs might impact Apple’s business. Effective April 28th, these tariffs impose high duties on products from China and other countries. Given that a significant portion of iPhones are still assembled in China despite recent efforts to diversify manufacturing into India, this decision could affect Apple's operations.

China currently faces a tariff rate of 54%, with former President Trump having previously threatened additional levies. To mitigate the impact, Apple may choose to raise prices or explore innovative cost absorption methods. While this round of tariffs might temporarily boost third-quarter revenues as some consumers rushed purchases in anticipation of price increases, it could present challenges for Apple in its fourth quarter.

As of now, Apple's stock is trading around $184 per share—below last year’s 52-week high mark of $260.
(Lead image source: X)