Apple Earnings Preview: Numbers and Themes to Watch For Thursday

Analyst Estimates for Q4 2024 Q3 2024 Q4 2023 Revenue $94.58 billion $85.78 billion $89.5 billion Earnings Per Share $1.48 $1.40 $1.46 Net Income $22.49 billion $21.45 billion $22.96 billion Key Metric: Late-Cycle iPhone 15 Shipments Apple's fiscal fourth quarter includes the very beginning of the iPhone 16 cycle, but shipments of iPhone 15s will go a long way toward whether the company beats expectations, analysts at Morgan Stanley said. The firm raised its estimate for iPhones shipped in the quarter to 55 ...