Apple is scheduled to report fiscal fourth-quarter earnings after the market closes Monday, with new CEO John Ternus expected to address investors for the first time. According to LSEG analysts, earnings per share are forecast at $1.99, while revenue is expected to reach $113.39 billion, up 11% from a year earlier. Investors will closely watch iPhone sales, projected at $56.59 billion, alongside a $100 price increase and delayed launches for some models. Ternus is also expected to discuss Apple’s plans in China following the approval of its artificial intelligence software, as well as global shortages of memory and flash storage.
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