Apple Inc. is scheduled to release its Q2 fiscal 2024 earnings on May 2, amid analyst expectations of a modest downturn in profits and sales.

Despite potential challenges with iPhone sales in China, predictions indicate Apple might surpass earnings estimates, supported by recent positive revisions and a consistent history of earnings outperformance.

Apple remains a major investment within key ETFs like the Technology Select Sector SPDR Fund and Vanguard Information Technology ETF, underscoring its significance in the tech sector.

The 'Let Loose' event planned for May 7, 2024, is set to introduce new iPad models, including an anticipated 14-inch iPad Pro with an M4 chip, which may enhance Apple's market position.

The announcement of Apple's WWDC 2024 keynote event for June 10, 2024, is raising expectations for the company's strategic direction and future product offerings.