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Apple’s second-quarter earnings report shows a mixed bag of success and uncertainty, with revenue and earnings up but stock price under pressure and manufacturing operations threatened by US trade policies.

Apple has narrowly avoided a major downturn by diversifying iPhone production to India, but its long-term prospects remain uncertain due to its failure to adapt to the rapidly changing tech landscape.

Apple’s stock price sees a slight uptick despite concerns over US tariffs on Chinese imports, which could impact the company’s bottom line and competitiveness.

Apple’s stock price remains under pressure due to ongoing trade tensions with China, which threaten the company’s global market share and ability to adapt to changing trade policies.

Apple is addressing a technical issue with its voice-to-text feature, while also defending its App Store fee increase and investing in US manufacturing, among other developments.