Apple stock slips as earnings loom; iPhone sales and Siri AI push in sharp focus
Apple shares fell 0.7% to $256.44 in early New York trading Thursday ahead of quarterly earnings due after the bell. Investors are focused on iPhone sales, rising memory costs, and updates to Siri using Google’s AI. Analysts expect record revenue and the strongest iPhone growth in four years, led by China demand. Regulatory scrutiny of Apple’s services continues.