From Nasdaq: 2025-04-28 11:59:00

Apple is set to report its second-quarter fiscal 2025 results on May 1. Revenue is expected to grow low to mid-single digits, with Services segment expecting low double-digit growth. The Zacks Consensus Estimate for revenues is $93.56 billion, with earnings estimated at $1.60 per share.

iPhone sales are expected to decline in fiscal Q2 due to competition in China and Apple Intelligence launch delay. The Zacks Consensus Estimate for iPhone net sales is $45.674 billion, a 0.6% decline. Services segment is expected to show steady growth with a consensus mark of $26.176 billion.

Mac sales are projected to rise year over year, with a consensus mark for Mac revenue at $7.791 billion, a 4.6% increase. Apple’s strong Mac portfolio helped it gain market share in Q1 2025, with strong shipment growth rates compared to competitors.

Apple shares have underperformed the Computer & Technology sector YTD, returning 16.4%. The stock has outperformed Dell Technologies and HP, with a higher valuation. Apple’s AI focus is expected to aid future prospects and PC shipments.

Apple’s near-term results may be impacted by China’s weakness and Apple Intelligence launch delay. The stock carries a Zacks Rank #3 (Hold), with a stretched valuation. Investors are advised to wait for a favorable point to accumulate the stock.



Read more at Nasdaq: Should You Buy, Sell, or Hold Apple Stock Before Q2 Earnings?