This article first appeared on GuruFocus .
Apple ( NASDAQ:AAPL ) is due to report its fiscal fourth-quarter 2026 results after the U.S. market closes Monday, with investors awaiting its first earnings outlook under new CEO John Ternus. The company's conference call is scheduled for 5 p.m. ET.
Wall Street expects Apple to generate about $113.4 billion in revenue, representing annual growth of roughly 10.7%. Analysts are also forecasting earnings of $1.98 to $1.99 per share, setting expectations for Ternus' first financial update since taking over leadership.
The iPhone business will be a major focus, particularly initial demand for the iPhone 18 lineup and the recently introduced foldable iPhone Duo. Investors will also look for updates on memory chip expenses, which could put pressure on production costs and profit margins.
Management's holiday-quarter forecast will carry added importance as Apple enters its key shopping season. Its previous gross margin outlook stood at 47% to 48%. Investors are also expected to seek details on the company's artificial intelligence plans and how Ternus intends to incorporate AI into its products.
