Crypto

Apple Earnings Are Almost Here. AI Is Only One Piece of the Puzzle.

2025-07-31 10:41:13

Apple is due to report third-quarter earnings after Thursday’s market close, as the iPhone maker continues to contend with tariffs, lagging artificial intelligence, and other issues.

Analysts surveyed by FactSet expect the company to post adjusted earnings of $1.43 a share on revenue of $89.36 billion. Those numbers would mark a slight increase from the year-ago period, when Apple reported earnings of $1.40 a share on revenue of $85.78 billion.

Wall Street is pinning some hope on the iPhone–Apple’s most revenue-generating device. Analysts are expecting $40.09 billion in iPhone sales, which would mark a 2% increase from the previous year. Estimates for services revenue–which includes revenue from Apple’s App Store, Apple Music platform, and other digital offerings–of $26.82 billion implies an 11% year-over-year increase.

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