Financial News

Apple (AAPL) Q1 Earnings: What To Expect

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

AAPL Cover Image

iPhone and iPad maker Apple (NASDAQ: AAPL) will be reporting earnings tomorrow after market hours. Here’s what to look for.

Apple met analysts’ revenue expectations last quarter, reporting revenues of $124.3 billion, up 4% year on year. It was a strong quarter for the company: Apple’s revenue met analysts’ expectations, and the beat in Services was a bright spot. In addition, its EPS outperformed Wall Street’s estimates.

Is Apple a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Apple’s revenue to grow 4.1% year on year to $94.45 billion, a reversal from the 4.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.62 per share.

Apple Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Apple has missed Wall Street’s revenue estimates three times over the last two years.

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  246.67
+0.00 (0.00%)
AAPL  329.40
+0.00 (0.00%)
AMD  607.57
+0.00 (0.00%)
BAC  54.96
+0.00 (0.00%)
GOOG  337.32
+0.00 (0.00%)
META  738.79
+0.00 (0.00%)
MSFT  508.96
+0.00 (0.00%)
NVDA  227.21
+0.00 (0.00%)
ORCL  137.79
+0.00 (0.00%)
TSLA  352.84
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback