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The Market Is Extremely Expensive. Don't Sell Your Stocks.
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FactSet Research Systems | 10-K: FY2024 Annual Report
Apple Q4 earnings preview: both revenue and profit are expected to exceed expectations. Strong performance in the China market.
Apple Inc. will release its fourth quarter financial report for the 2024 fiscal year ending in September on Thursday local time (early Friday morning Beijing time). This will be the first update on iPhone sales and the latest developments of Apple Intelligence since the release of the new iPhone in September. Wall Street analysts expect Apple's performance to be very strong this quarter (Note: Apple's fiscal year is different from the calendar year). According to FactSet's data, analysts predict Apple's fourth quarter earnings per share to reach $1.60. Net income is expected to reach $24.24 billion.