Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-U.S. tariff standoff on its business, when it reports results on Thursday. Even as Apple benefited from a rush of orders for its recently launched lower-priced iPhone 16e in the January-March period ahead of potential tariffs,

The company’s revenue reached $95 billion, driven by customer buying before tariffs and by interest in the newly released 16e model.

Apple’s profit and revenue for the fiscal second quarter topped Wall Street’s expectations, but investors are waiting to hear what CEO Tim Cook has to say about the impact of tariffs and economic uncertainty on its business.

Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump's tariffs on its business.

The company announced it upped its quarterly cash dividend to $0.26 per share and its board approved a $100 billion share buyback program.