Apple reported earnings after the bell. Here are the results.
EPS: $1.46 vs $1.39 per share expected by LSEG, formerly known as Refinitiv.Revenue: $89.50 billion vs $89.28 billion expected by LSEG.Wall Street is also watching several other numbers on the report:
iPhone revenue: $43.81 billion estimatedMac revenue: $8.63 billion estimatediPad revenue: $6.07 billion estimatedOther Products revenue: $9.43 billion estimatedServices revenue: $21.35 billion estimatedGross margin: 44.5% estimatedThe quarter will include about a week or so of iPhone 15 sales. Investors are closely watching to see if the latest iPhone models are selling well, and, if so, it would suggest a strong product "cycle" over the next year.
Apple's fiscal fourth quarter period typically includes a little bit of back-to-school laptop and tablet spending that benefits its Mac and iPad divisions. But Apple warned in August that it expected Mac and iPad revenue to decline by "double-digit" percentages during the quarter.
Investors will also want to hear about how demand is faring in China, after a quarter with renewed competition for consumers from Huawei, as well as reports of new government regulations that could restrict Apple device usage among government officials.