Apple Q4 earnings on deck: What to expect

What happened

Apple is due to report fiscal fourth-quarter 2026 results after the U.S. market closes Monday, followed by a 5 p.m. ET conference call. Investors are awaiting new CEO John Ternus’ first earnings outlook; analysts expect $113.4 billion in revenue and $1.98 to $1.99 in earnings per share.

Confirmed

Global impact / market context

Apple’s results and holiday-quarter forecast can shape expectations for sales and profit during its key shopping season. Updates on iPhone 18 and foldable iPhone Duo demand could indicate product revenue, while memory chip expenses may raise production costs and squeeze profit per sale.

Analyst inference

The article sets expectations at about 10.7% annual revenue growth and $1.98 to $1.99 in earnings per share, alongside a previous gross margin outlook of 47% to 48%. These forecasts make actual results, cost pressures, and Ternus’ outlook important comparison points for investors.

Analyst inference

What to watch

1. Compare reported revenue and earnings per share with analysts’ forecasts of $113.4 billion and $1.98 to $1.99 to gauge whether results meet expectations. Confirmed
2. Watch management’s holiday-quarter forecast and whether it updates the previous 47% to 48% gross margin outlook as shopping-season demand and costs become clearer. Confirmed
3. Listen for memory chip cost details and AI plans; higher component expenses could reduce profit per sale, while product integration may influence future sales expectations. Analyst inference

Evidence

• gurufocus.com