Wall Street is eagerly anticipating Apple’s third-quarter results, with Kalshi users betting on topics like “China,” “Tariff,” and “Severance” being discussed during the earnings call, with betting volumes reaching $43,000. Apple has faced pressure to boost domestic manufacturing, with efforts to open a manufacturing academy in Detroit to offer workshops. India has surpassed China in smartphone exports, and Barclays analyst Tim Long predicts iPhone sales will struggle due to various factors. Kalshi users are also expecting discussion on Apple TV+ series “Severance” and the movie “F1: The Movie,” which became Apple’s highest-grossing theatrical film. Apple shares have fallen nearly 17% year-to-date, lagging behind the S&P 500’s rise of over 8%. Analysts are expecting a single-digit-percentage increase in earnings and revenue for Apple’s third quarter compared to the prior year.
Read more at CNBC: You can bet on the words that will be said on Apple’s earnings call