PREVIEW: Apple gains as investors eye iPhone sales, AI
ReutersJan 29, 2026 6:27 PM
Apple AAPL.O shares edging up 0.2% on Thurs ahead of qtrly results due after the bell, with focus on iPhone demand and its partnership with Google on AI features
The iPhone maker is expected to report qtrly rev up 11% to $138.48 bln and adj EPS of $2.67, from $2.40 a yr ago, per LSEG
Stock has fallen about 5% YTD, underperforming a 1% gain in the Nasdaq .IXIC
Investors will also look for commentary on how the co plans to navigate a global memory chip crunch and regulatory scrutiny of its App Store in Europe
Shares last traded 10% below their Dec. 2, 2025 record high close
Average rating of 48 analysts is 'buy', broken down as 29 'buy' or 'strong buy' recommendations, 17 'hold' recommendations and 2 'sell' recommendations
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