Markets hope for relief in Apple margins
AAPL•Investors are looking to Apple’s results for revenue of about $113 billion and earnings per share of $2.00, with gross margins forecast at 47% to 48%. They will also watch for guidance on iPhone 18 sales.
1. Apple results in focus
Apple is due to report results later today, with analysts forecasting revenue of around $113 billion, up 11% from a year earlier, and earnings per share of $2.00. Investors will focus on gross margins, forecast at 47% to 48%, as the company faces rising equipment costs, particularly for chips and memory.
2. Markets and other results
Investors will also look for guidance on iPhone 18 sales; pre-orders began in mid-October. Apple shares have risen for four straight months and are up 27% so far this year, pushing its valuation past $5 trillion. AMD results are due later in the week after the stock fell almost 11% on Friday, while Intel shed 28% after a disappointing outlook.
