Apple is expected to report higher earnings and revenue, with mixed forecasts for key metrics.
From Nasdaq: 2025-01-27 09:15:04
Apple (AAPL) is expected to report quarterly earnings of $2.36 per share, a 8.3% increase from last year. Revenue forecast is $124.04 billion, up 3.7% year over year. Analysts revised EPS estimate downward by 1.1% over the past month, showing a reassessment of projections.
Analysts predict various Apple metrics: ‘Net Sales- Products’ at $97.64 billion (+1.2%), ‘Net Sales- Services’ at $26.18 billion (+13.2%), ‘Revenue- Mac’ at $8.33 billion (+7%), ‘Revenue- iPhone’ at $69.19 billion (-0.7%), ‘Revenue- Wearables, Home and Accessories’ at $12.55 billion (+5%), and ‘Revenue- iPad’ at $7.39 billion (+5.2%).
Analysts also forecast geographic revenues: ‘Greater China’ at $22.16 billion (+6.5%), ‘Europe’ at $31.05 billion (+2.2%), ‘Rest of Asia Pacific’ at $9.91 billion (-2.5%), ‘Japan’ at $7.71 billion (-0.8%), and ‘Americas’ at $52.23 billion (+3.6%). Gross margin for Services is expected to be $19.36 billion.
Apple stock has returned -12.8% in the past month, with a Zacks Rank #4. Analysts predict potential reactions to the stock based on earnings estimates. Zacks Research Chief highlights a stock with potential for +100% gains. The stock is a top pick with innovative solutions and a growing customer base.
Read more at Nasdaq: Unveiling Apple (AAPL) Q1 Outlook: Wall Street Estimates for Key Metrics
