Finance1 min read

Apple Q4 earnings: 5 key things investors will watch

By · Published by Everything Blog

In short

Wall Street projects double-digit revenue expansion to roughly $113.4 billion, alongside an 8% increase in earnings per share to about $2. Momentum is primarily anchored by late-September purchases of the iPhone 18 Pro and Pro Max lineup, which is expected to lift flagship phone revenue by 15% year on year. Beyond the reported quarter, executives will face scrutiny over holiday quarter projections and initial market appetite for the newly launched foldable iPhone Duo.

Key points

  • Apple reclaimed its status as the world's most valuable listed company with a market capi…: Apple reclaimed its status as the world's most valuable listed company with a market capitalization reaching roughly $5.03 trillion.
  • The report represents the inaugural quarterly financial update delivered under the leader…: The report represents the inaugural quarterly financial update delivered under the leadership of new chief executive John Ternus.
  • Investor attention will center on holiday guidance alongside potential headwinds from mem…: Investor attention will center on holiday guidance alongside potential headwinds from memory-chip shortages and rising component expenses.

Sources checked by our analysis pipeline: 1

Apple will announce its fiscal fourth-quarter 2026 results on Monday, November 2, after the US market closes. Investors will assess early demand for the iPhone 18 Pro lineup, the performance of its Services business and the company's outlook for the holiday quarter. The earnings announcement will also mark the first results presentation under new CEO John Ternus, who succeeded Tim Cook on September 1. (Sources: Yahoo Finance, BigGo Finance)

Agencies

2/8

Wall Street expects double-digit revenue growth

Analysts expect Apple to report revenue of around $113.4 billion, compared with $102.46 billion in the year-ago quarter. Earnings per share (EPS) are projected at approximately $2, up from $1.85 a year earlier. The estimates imply revenue growth of around 10.7% and EPS growth of about 8%.

Reuters

3/8

iPhone revenue growth to be closely watched

iPhone revenue is expected to reach approximately $56.48 billion, representing growth of around 15% year on year. The iPhone 18 Pro and Pro Max went on sale in September, leaving roughly two weeks of sales in the September quarter. Investors will look for evidence that new-device demand…

Finance