Apple Faces Challenges Amid AI and Tariff Turmoil

Apple has managed to maintain robust revenue growth during its spring quarter, overcoming tariffs and challenges related to artificial intelligence. Despite a 9% increase in earnings and a 10% rise in revenue, the tech giant is not free of hurdles, such as a potential iPhone price hike.

The company saw iPhone sales rise by 13% to $44.6 billion, and its revenue in China increase by 4%, outperforming analysts' forecasts. However, Apple's future remains uncertain due to ongoing tariff wars and its AI ambitions, which have yet to manifest fully in products like Siri.

With a sharp drop in stock value earlier this year and looming tariff costs, Apple is reassessing its strategies. Meanwhile, it continues to count on its services division, which saw a 13% revenue increase, despite potential legal challenges that could affect its search engine partnership with Google.

(With inputs from agencies.)