Wall Street is getting ready for Apple’s (AAPL - Free Report) Q4 2018 earnings report on Thursday. Revenues are projected to climb 16.95% to hit $61.49 billion, based on our Zacks Consensus Estimate.
Apple’s iPhone revenues this quarter could pop 23.5% to reach $35.65 billion. The company has been expanding its Services business over the years. This includes Apple Pay and Apple Music. Services revenue is expected to increase 24% to around $10.55 billion.
Earnings are expected to jump 34.8% to $2.79 per share. October was a punishing month for tech stocks, but AAPL shares managed to avoid big losses.
The stock fell just 3.2% last month compared to Amazon’s (AMZN - Free Report) loss of nearly 20%.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Wall Street is getting ready for Apple’s (AAPL - Free Report) Q4 2018 earnings report on Thursday. Revenues are projected to climb 16.95% to hit $61.49 billion, based on our Zacks Consensus Estimate.
Apple’s iPhone revenues this quarter could pop 23.5% to reach $35.65 billion. The company has been expanding its Services business over the years. This includes Apple Pay and Apple Music. Services revenue is expected to increase 24% to around $10.55 billion.
Earnings are expected to jump 34.8% to $2.79 per share. October was a punishing month for tech stocks, but AAPL shares managed to avoid big losses.
The stock fell just 3.2% last month compared to Amazon’s (AMZN - Free Report) loss of nearly 20%.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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