Increased popularity of the iPhone 17 Pro models will more than cover the slight drop in Services growth according to Evercore, ahead of the Q1 AAPL results.
iPhone 17 Pro
iPhone 17 Pro
Apple’s first-quarter results are usually the highest of the fiscal year, and analysts are jointly forecasting it will be a bumper year for the company in 2026. In its own pre-results note, Evercore joins the chorus on sky-high revenues.
In figures shared with AppleInsider, Evercore believes there to be near-term upside compared to Wall Street consensus estimates. It models Apple’s Q1 results at $140.5 billion in revenue and an earnings per share of $2.71.