Overview
- Apple reports fiscal Q4 2025 after the close on Oct. 30, and options pricing implies roughly a 4% move in either direction.
- Analysts project annual Services revenue of about $108.6 billion, up roughly 13% and accounting for an outsized share of profit.
- Counterpoint says iPhone 17 sales outpaced the iPhone 16 by about 14% in the first 10 days in the U.S. and China.
- Apple shares briefly touched a $4 trillion market valuation this week on stronger iPhone momentum and Services strength.
- Risks remain from DOJ and Epic App Store cases, a UK fees ruling, and an estimated $1.1 billion tariff hit this quarter despite supply-chain shifts to India and Vietnam.