Live Updated Thu Oct 30 2025 13:31:01 GMT+0000 (Coordinated Universal Time)
Hot off its historic jump to a $4 trillion market cap, Apple will report earnings for its fiscal fourth quarter after the closing bell on Thursday.
Wall Street is highly bullish on iPhone demand, which analysts see as the key driver of a consensus-beating report. Investors should also be listening for updates on the company's AI ambitions, as some commentators this year have feared that Apple's mega-cap peers are pulling ahead in the AI race.
The iPhone maker will report results shortly after the 4 p.m. closing bell, with the analyst call scheduled for 5 p.m. ET.
Wall Street is expecting Apple to report $102.1 billion of revenue for Q4.
Fourth Quarter
- Revenue estimate $102.19 billion
- Products revenue estimate $73.49 billion
- Mac revenue estimate $8.55 billion
- iPad revenue estimate $6.97 billion
- Wearables, home and accessories estimate $8.64 billion
- Services revenue estimate $28.18 billion
- Greater China rev. estimate $16.43 billion
- Americas rev. estimate $44.45 billion
- Europe revenue estimate $26.36 billion
- Japan revenue estimate $6.41 billion
- Rest of Asia Pacific revenue estimate $8.08 billion
- EPS estimate $1.77
- Total operating expenses estimate $15.75 billion
- Research and development operating expenses estimate $8.8
billion - SG&A operating expense estimate $6.96 billion
- Gross margin estimate $47.41 billion
- Cash and cash equivalents estimate $51.67 billion
- Cost of sales estimate $54.47 billion
- Total current assets estimate $144.92 billion
- Total current liabilities estimate $159.68 billion
First Quarter
- Capital expenditure estimate $3.97 billion
2026
- Capital expenditure estimate $15.03 billion
Source: Bloomberg
