Expect Strong iPhone 17 Demand, AI Talk in Apple's Q1 Results Call

All eyes are on Apple's AI strategy as the smartphone giant gets ready to report Q1 earnings

Hector RETAMAL / AFP via Getty ImagesApple's AI strategy is under scrutiny ahead of its first-quarter earnings on Thursday.Key updates to watch include memory costs, iPhone sales, and its AI plans, analysts say.Some analysts predict a potential rally in Apple shares in the months ahead.Apple will round out the week's mega-cap tech bonanza on Thursday when it reports earnings for its fiscal first quarter. With Meta, Microsoft, and Tesla due to re…

Expect strong iPhone 17 demand, AI talk in Apple's Q1 results call

Wall Street is still underestimating Apple's prospects for 2026, with Wedbush's Q1 forecast expecting discussion about iPhone 17 demand and the AI landscape to dominate Thursday's analyst call.Apple's early promotion of a contextual Siri upgrade - Image Credit: AppleOn Thursday, Apple will be releasing its first-quarter results and holding its usual conference call with analysts. One day before those expectedly huge results arrive, Wedbush has p…

Handicapping Apple's fiscal Q1 2026 earnings

The bottom line (comparing Wall Street's posted estimates to the friends of the blog's I've seen so far).

Morgan Stanley expects Apple's earnings to beat expectations

Consensus estimates project Apple to report approximately $138.4 billion in revenue for the December quarter (fiscal Q1 2026), along with both GAAP and non-GAAP earnings per share (EPS) of around $2.67. These figures reflect at least 11% year-over-year growth in both revenue and EPS. However, analysts have recently become more cautious on margins, adjusting forecasts downward despite positive momentum in iPhone sales and Apple’s AI initiatives. …