Apple Analysts Split Ahead of Q4 Earnings Report

Apple (AAPL, Financials) will publish its fourth-quarter profits after the markets close on Thursday. People on Wall Street think the company will keep growing at a steady rate. It is predicted that earnings would be $1.78 per share, which is 8.5% more than previous year. It is predicted that revenue will go up 7.6% to $102.17 billion.

The company's Services sector is still a big part of its success. It is expected to make more than $108 billion a year as more people pay for iCloud, AppleCare, and Apple Pay. But slower iPhone sales in China and taxes on imports might put pressure on margins, which are estimated to be between 46% and 47%.

There are different opinions among analysts. J.P. Morgan says to purchase the stock, but UBS and Jefferies are more cautious because of the risks of overvaluation and the tough competition from Huawei and Xiaomi.

This year, Apple shares have gone up over 8%. Investors are now waiting for Q1 guidance and news on AI and new goods to see if the market is growing.