tech
January 29, 2026
Investors look out for Apple’s AI plans after Siri reboot announced
The iPhone maker is set to report earnings after market close
TL;DR
- Apple's first-quarter earnings are due, with a focus on AI integration plans.
- Investors are concerned Apple is behind competitors in AI development.
- Siri's reboot will be powered by Google's Gemini AI models.
- Analysts predict $2.68 earnings per share on $138.4 billion revenue.
- Last quarter, Apple reported record fourth-quarter revenue of $102.5 billion and hit a $4 trillion market value.
- Apple's stock has seen a 10% drop since its early December all-time high but remains up year-over-year.
- iPhone revenue in China has fallen below Wall Street estimates.
- There are rumors of Apple planning to release its first folding phone in 2026.
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