What time does Apple report earnings Thursday? Here's how to tune in.

Core Insights - Apple is set to report its fourth-quarter earnings on October 30, following a milestone of reaching a $4 trillion market cap [1] - iPhone 17 sales have increased by 14% in the U.S. and China during the first 10 days compared to iPhone 16 sales [1] Financial Performance - Wall Street anticipates earnings per share of $1.77 and revenue of $102.1 billion, up from $94.9 billion last year [5] - For iPhones, expected revenue is $49.3 billion, reflecting a 6.7% increase from $46.2 billion in 2024 [5] - In the last quarter, Apple reported $44.5 billion in iPhone sales, up from $39.3 billion year-over-year, contributing to an overall revenue of $94 billion [6] Product Developments - Apple has launched new versions of its key products, including MacBook Pro, iPad Pro, AirPods, and Apple Watches, but iPhones and services remain the primary revenue sources [2] - The company is investing $100 billion to manufacture iPhone parts in the U.S. in response to tariffs, although assembly will continue outside the U.S. in the short term [3] Market Context - The upcoming earnings call is expected to provide insights into Apple's performance in the AI sector, which poses challenges for the company [3] - Apple's stock was trading up 0.26% on October 29, indicating positive market sentiment ahead of the earnings report [7]