Shares are up $2.83, or 1.62% to $176.79.
Apple is scheduled to report its fourth fiscal quarter (Q423) results and business updates on Thursday, November 2, 2023 at 1:30 p.m. PDT / 4:30 p.m. EDT.
Here’s what Wall Street is expecting, per LSEG estimates:
• Revenue: $89.28 billion
• EPS: $1.39
Here are the revenue expectations for each of the company’s product lines, per Street Account estimates:
• iPhone: $44 billion
• Services: $21.42 billion
• Wearables, Home, and Accessories: $9.4 billion
• Mac revenue: $8.5 billion
• iPad revenue: $6.14 billion