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PREVIEW: Apple shares flat with analysts upbeat about revenue growth

ReutersMay 1, 2025 7:08 PM

** Apple's AAPL.O shares up 0.1% at $212.75 on Thurs ahead of the technology giant's fiscal Q2 earnings report due after markets close

** Wall Street analysts expect AAPL to post ~4% growth in rev to ~$94.68 bln and adj EPS of $1.63, up more than 6% from $1.53 a year ago

** AAPL's rev and EPS has met or exceeded analyst expectations every time over the last 8 quarters

** The trajectory of AAPL's sales in China will be among the main focus for investors as well as the impact of President Donald Trump's tariffs on its supply chain

** AAPL airlifted $2 billion worth of iPhones from its Indian suppliers in March to bypass Trump's impending tariffs, Reuters reported

** Among 50 analysts that cover AAPL, avg rating is "BUY" and median PT is $242.50, per LSEG data

** AAPL is down ~15% YTD vs NASDAQ Composite Index's .IXIC ~8% decrease

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