Apple is set to announce third-quarter earnings, with a focus on AI plans and tariff-related costs. President Trump’s threat of a 25% tariff on iPhones unless Apple produces in the US looms. Google’s antitrust lawsuit impact on a $20 billion deal could affect Apple’s margins. New iPhone launch may boost sales.

Analysts predict Apple will report $1.43 EPS on $89.22 billion revenue in Q3. Investors are concerned about tariff costs affecting margins, but a redesigned iPhone with a higher starting price could help. Q3 iPhone revenue is expected to be $39.8 billion, services revenue $26.8 billion. Google antitrust ruling could impact Apple’s services revenue.

Criticism continues for Apple’s slow AI rollout. Analysts call for the purchase of AI startup Perplexity AI. The company faces pressure to adapt to the evolving tech landscape to avoid a “historic strategic black eye.”

Read more at Yahoo Finance: Apple Q3 earnings to give Wall Street better view of tariff impact, AI top of mind