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Apple to report first earnings since CEO announced departure plans [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
release since CEO Tim Cook announced his plans to step down in September and hand the leadership reins off to John Ternus. Julie Hyman breaks down Wall Street's expectations for the iPhone maker. Video Transcript Speaker A We are not done with Big tech earnings. Oh no, they're continuing today. Apple will be reporting after the close of trading. Speaker A And in terms of what Wall Street's looking for, Apple could report 19% earnings growth on a 15% jump in revenue. That's according to estimates compiled by Bloomberg. Here are the individual things that we're looking for, earnings per share, buck 96, revenue of nearly $110 billion. Speaker A iPhone revenue specifically, which obviously is the largest portion of their revenue at $56.9 billion. Speaker A And prediction markets, they're pricing in a 94% chance that Apple will beat those quarterly earnings estimates, which is not unusual here. Speaker A Uh the latest results though could be overshadowed by the comp
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