How Will Services, Mac and iPad Fare in Apple's Q4 Earnings?

Core Insights - Apple's fourth-quarter fiscal 2025 results are anticipated to show strong performance driven by Services revenues and Mac sales [1][10] Services Performance - The Services segment is expected to benefit from a growing installed base of devices and an increasing subscriber base for offerings like Apple TV+, Apple Pay, and Apple Music, with over 1 billion paid subscribers reported at the end of the fiscal third quarter [2][6] - Paid subscriptions are projected to continue growing in double digits, contributing to a forecasted Services revenue of $28.05 billion for the fourth quarter, indicating a 12.3% year-over-year growth [6][10] - Apple TV+ has gained traction with a strong content portfolio, winning 22 Emmys, but faces stiff competition from Disney+, Netflix, and Peacock [4][5] Mac Sales Growth - Mac sales are expected to grow year over year, with a projected net sales figure of $8.44 billion for the fourth quarter, reflecting a 9% increase [7][10] - Apple's market share in the PC segment rose to 9%, with shipments growing 13.7% year over year to 6.8 million units [7][8] iPad Sales Decline - iPad sales are anticipated to decline slightly, with net sales estimated at $6.9 billion, suggesting a 0.8% year-over-year decrease [11][10] - The iPad accounted for approximately 7% of fiscal fourth-quarter net sales, impacted by sluggish demand [11]