Apple's Q4 revenue will hit $90 billion, driven by strong sales of the iPhone 14 / Pro series
Oct 14, 2022| Apple's Q4 revenue will hit $90 billion, driven by strong sales of the iPhone 14 / Pro series
Jpmorgan Chase recently forecast that Apple would beat Wall Street's fourth-quarter expectations and record quarterly revenue of $90 billion.
Apple has announced that it will report financial results for its fiscal fourth quarter 2022, which runs from July to September, on the morning of October 28. As a result, Wall Street expects Apple to report $88.6 billion for the quarter, up from $82.959 billion in the previous quarter and up from the previous quarter.
According to the latest news from foreign media, an analyst of jpmorgan Chase in a report to investors, gave a revenue forecast higher than the consensus estimate of Wall Street, he expects Apple's revenue in the fourth quarter will reach 90 billion dollars. It would also be Apple's biggest fiscal fourth quarter yet.
Of course, whether Apple will break the $90 billion mark in the fourth quarter won't be known until the results are released. But with the current strong demand for the iPhone 14 Pro, $90 billion isn't out of the question.
