Apple Q4 Earnings Preview: All Eyes On iPhone 16 Demand, Can Tech Giant Beat Analyst Estimates 7 Quarters Straight?
Portfolio Pulse from Chris Katje
Apple Inc (NASDAQ:AAPL) is set to report its Q4 earnings, with a focus on iPhone 16 demand and upcoming product releases. Analysts expect revenue of $94.56 billion and EPS of $1.53. The company has a strong track record of beating estimates. Key areas to watch include iPhone 16 demand, Services segment, and Apple's AI initiatives.
October 30, 2024 | 7:18 pm
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Apple's Q4 earnings report will focus on iPhone 16 demand, Services, and AI initiatives. Analysts expect revenue of $94.56B and EPS of $1.53. The company has a strong history of beating estimates, and analysts have mixed ratings with price targets ranging from $186 to $275.
Apple's earnings report is highly anticipated, with a focus on iPhone 16 demand and AI initiatives. The company has a strong track record of beating estimates, which could positively impact the stock. Analysts have mixed ratings, but the overall sentiment leans towards a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100