Apple is set to report its fourth-quarter fiscal 2025 results on Oct. 30, with strong services revenues and Mac sales expected. Services growth is driven by a growing installed base and subscriber numbers, while Mac sales are projected to grow while iPad sales may decline. Apple had over 1 billion paid subscribers across its services in the third quarter.
Apple’s streaming service, Apple TV+, has seen success with a strong content portfolio, winning 22 Emmys. However, it faces stiff competition from Disney+, Netflix, and Peacock. Apple raised the monthly subscription to $12.99, with Apple TV+ revenues falling under the Services business that accounted for 29.2% of sales in the third quarter. The Zacks Consensus Estimate for fourth-quarter Services is $28.05 billion.
Mac sales are expected to see year-over-year growth, with Apple gaining market share and shipment growth in the PC segment. However, Apple trails behind Lenovo in shipment growth. The Zacks Consensus Estimate for fiscal fourth-quarter Mac net sales is $8.44 billion, showing a 9% increase from the previous year.
On the other hand, iPad sales are anticipated to decrease year over year, accounting for around 7% of fiscal fourth-quarter net sales. The Zacks Consensus Estimate for fiscal fourth-quarter iPad net sales is $6.9 billion, indicating a 0.8% decline from the previous year. Apple currently holds a Zacks Rank #3 (Hold).
Read more at Nasdaq: How Will Services, Mac and iPad Fare in Apple’s Q4 Earnings?
