By Heather Gillers
Here are some things investors will be looking at when Apple reports earnings this afternoon after the market close:
-- Whether iPhone revenue growth hits or exceeds analysts' projected 21% jump to $56.5 billion.
-- Any impact from surging memory prices eating into profits. Analysts don't seem too worried: they are projecting Apple's product gross margins will come in at 37.6% for the first three months of the year, up 35.9% from the year-ago period.
-- Any hint of how the company's direction may change under newly named CEO John Ternus, though he won't start the job officially until September.
-- Remarks on how artificial intelligence will become part of the iPhone user experience going forward. Apple's Siri chatbot is still weak by modern AI standards.
Apple shares have been less volatile this year than those of other tech firms, though, and the company is not plagued by the same concerns about ballooning capital expenditures.
"Google, Amazon, Microsoft, I was on the edge of my seat for those," Jed Ellerbroek, a portfolio manager at Argent Capital Management. "I'm not going to be on the edge of my seat tonight."
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(END) Dow Jones Newswires
April 30, 2026 13:46 ET (17:46 GMT)
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