Apple Faces Stock Decline Following Siri AI Delays and Tariff Concerns

Analysts lower iPhone sales projections as Siri advancements are postponed and tariffs increase production costs.

Apple's stock has fallen for three consecutive days, losing over 15% of its value since December 2024, as concerns grow over delayed Siri AI features and tariff impacts.
Reports indicate Apple has postponed the release of advanced Siri features, now expected no earlier than 2026, limiting incentives for iPhone upgrades.
Morgan Stanley revised its iPhone sales estimates to remain flat at 230 million units in 2025, with only 6% growth projected for 2026.
Tariffs on China-made goods are expected to increase Apple's production costs by $2 billion in 2025, with limited ability to offset these expenses without exemptions.
Apple plans to invest $500 billion in U.S. operations over the next four years, including a Texas-based AI data center, but this initiative is unlikely to mitigate near-term challenges.