TLDR
- Apple reports fiscal fourth-quarter earnings after market close on Thursday, October 30, 2025
- Wall Street expects earnings of $1.77 per share on revenue of $101.61 billion
- The company has beaten sales and EPS estimates for ten straight quarters
- Apple stock is up 8% in 2025, underperforming the S&P 500’s 17% gain
- Shares traded near $272, hitting new all-time highs and pushing market cap above $4 trillion
Apple reports its fiscal fourth-quarter earnings after the closing bell on Thursday, October 30, 2025. The iPhone maker’s shares climbed to fresh record highs ahead of the announcement.
Wall Street analysts expect earnings of $1.77 per share on revenue of $101.61 billion. Those numbers would represent growth from the year-ago period when Apple posted 97 cents per share on $94.93 billion in revenue.
The company has a strong track record heading into today’s report. Apple has beaten Wall Street estimates for both sales and earnings-per-share for ten consecutive quarters, according to FactSet data.
Looking at a longer timeframe, the performance is even more impressive. Over the past 20 quarters, Apple has missed sales projections just twice and earnings estimates only once.
But those beats haven’t always translated to stock gains. Apple shares have only risen the following day seven times over those same 20 quarters.
Still, investors seem optimistic this time around. Options pricing suggests traders expect the stock could move about 3% in either direction by the end of the week following the earnings call.
Apple stock traded near $272 in recent action, up about 1% on the day. The shares are tracking toward another record close, topping yesterday’s all-time high.
iPhone 17 Demand Takes Center Stage
Analysts at JPMorgan and Morgan Stanley recently raised their expectations for Apple’s results. Both firms pointed to early signs of strong iPhone 17 sales as a reason for increased optimism.
The analysts said they expect that momentum to carry into an upbeat outlook for the current quarter and winter holiday season. Those comments could be a key driver for the stock during Thursday’s earnings call.
Investors will also be listening for updates on artificial intelligence features. Apple has faced criticism that its AI efforts have lagged behind other Big Tech companies.
Plans for a potential foldable phone in 2026 could generate additional excitement. Analysts suggested those details might help boost sentiment around the stock.
Stock Performance Lags Peers
Apple shares have gained about 8% in 2025 so far. That performance trails the S&P 500’s nearly 17% gain over the same period.
The stock spent part of the year in negative territory. Concerns about Apple’s AI progress and trade policy headwinds weighed on shares earlier in 2025.
Most of the year’s gains have come in recent months. Signs of improved relations with the Trump administration and easing trade concerns helped lift the stock.
Promising demand signals for the iPhone 17 also contributed to the recent rally. Those positive indicators helped push shares to new highs this week.
This week’s gains boosted Apple’s market capitalization above $4 trillion. The company now ranks as the world’s second most valuable company, trailing only AI chipmaker Nvidia.
Analysts remain divided on whether the stock has more room to run from current levels. The shares are already at all-time highs heading into the earnings report.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
