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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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