Despite a $44.5B iPhone boost and a revenue resurgence in China, Apple braces for a $1.1B tariff hit and faces mounting pressure to catch up in the AI race. Apple’s Resilient Quarter: A Tale of Growth, Caution, and Catch-Up Apple has delivered a solid earnings surprise this quarter, with robust iPhone sales and a long-awaited bounce back in China helping restore confidence in its core business. For the three months ending in June, iPhone revenue hit $44.5 billion, far exceeding Wall Street’s expectation of $40 billion and up from $39.3 billion a year ago. This marks a 13% year-over-year growth, … Continue reading Apple’s iPhone Sales Rebound and China Growth Calm Wall Street—But AI Doubts and Tariff Fears Loom