Wall Street expects Apple to report consensus revenue of $109.69 billion and EPS of $1.95, with the current stock price of $271.06 trading significantly below the average analyst price target of $301.83.
Investors are primarily focused on the strategic leadership transition to incoming CEO John Ternus and the monetization potential of the Apple Intelligence ecosystem.
Strong demand for the iPhone 17 series, particularly in Greater China where recent shipment data suggests a sharp 20% recovery, is expected to provide substantial tailwinds for hardware revenue.
Meanwhile, the high-margin Services segment continues to be a critical driver of profitability, with analysts targeting record-equaling revenue and gross margins above 70%.