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Expert forecasts: Apple balance sheet expected May 2, 2024
Apple reveals forecasts for the last quarter - experts estimate sales and profits. What can we expect from the technology giant? Find out!
Expert forecasts: Apple balance sheet expected May 2, 2024
Experts have published their forecasts for Apple's balance sheet. On May 2nd, 2024, Apple is expected to present financial results for the quarter ending March 31st, 2024. According to estimates from 33 analysts, earnings per share on average will be $1.51, compared to $1.52 in the year-ago quarter.
A decline in sales of 4.34 percent is expected for the past March quarter compared to the same period last year. The average forecast of 30 analysts for revenue is $90.72 billion, compared to $94.84 billion last year. For the fiscal year, 42 analysts on average forecast earnings per share of $6.55, compared to $6.16 in the same period last year. Revenue is estimated by 40 analysts on average at $387.50 billion, compared to $383.29 billion last year.
Apple is expected to provide detailed insights into financial performance and future forecasts. Investors and experts will pay close attention to the latest quarter's numbers to draw conclusions about the company's performance. Apple has shown in the past that it is able to strengthen its market position and present innovative products despite challenges. The announcement of the figures is therefore awaited with great interest.