Apple is projecting its strongest holiday quarter ever, forecasting revenue growth of 7% to 10% year-over-year despite ongoing product supply constraints. CFO Kevan Parekh shared the outlook during the Q4 earnings call, noting that the company’s best view suggests constrained supply will still allow for record-breaking performance. Revenue could reach as high as $158.18 billion in Q1 2027.
Services revenue is expected to grow between 8% and 9%, while gross margin is projected between 45% and 46%, impacted by higher memory costs and expenses tied to the Siri AI rollout. Operating expenses are forecasted between $20.4 billion and $20.8 billion, with an estimated tax rate of 17%. Apple’s guidance assumes current global tariff policies remain unchanged through the quarter.
Despite potential investor expectations, Apple is positioned to set new records, driven in part by the anticipated iPhone Duo launch.
Source: AppleInsider · Summarized by HeadlinesBriefing