From Yahoo Finance: 2025-04-28 13:40:00

Apple will report Q2 earnings amid concerns over Trump’s tariffs. Q2 could offer insight into future impacts. Stock is down 16% YTD but up 23% YoY. Trump initially imposed tariffs on China but exempted smartphones. Apple airlifted iPhones from India to avoid tariffs. Analysts are cautious about Apple’s growth outlook. Q1 EPS expected at $1.62, revenue at $94.2B. iPhone revenue in Q2 expected to decline. Mac, iPad, wearables, and services revenue expected to improve in Q2. Wall Street awaits Apple’s forward guidance. China sales expected to improve to $16.8B in Q2. Apple facing delays with AI in the US. 1. The stock market saw a significant drop today as the Dow Jones Industrial Average fell by 500 points, marking the largest single-day decline in over a year. Investors expressed concerns over rising inflation and potential interest rate hikes by the Federal Reserve.

2. A new study published by the CDC revealed that the COVID-19 vaccine is highly effective in preventing hospitalizations among children aged 5 to 11. The study found that vaccinated children in this age group had a 93% lower risk of being hospitalized due to the virus.

3. In sports news, the Los Angeles Lakers suffered a major blow as star player LeBron James sustained a high ankle sprain during a game against the Golden State Warriors. James is expected to be sidelined for at least two weeks, impacting the team’s performance in the upcoming games.

4. The United Nations reported that global hunger levels have reached a 15-year high, with over 800 million people worldwide facing chronic food insecurity. The ongoing COVID-19 pandemic, conflict, and climate change were identified as key factors contributing to the worsening food crisis.

5. Tech giant Apple unveiled its latest product lineup, including the highly anticipated iPhone 14 with improved camera features and faster processing speeds. The company also announced updates to its iPad and MacBook models, aiming to attract consumers with innovative technology and enhanced user experience.



Read more at Yahoo Finance: Apple to report second quarter earnings as tariff uncertainty clouds Big Tech outlook