Apple Earnings Preview: Wall Street Forecasts for 2Q and Vision for iPhone 15 Pro in 2024

The article provides an earnings preview for Apple’s second quarter and discusses Wall Street’s expectations for the company’s performance and future product plans. Analysts expect Apple to report revenue of $92.9 billion and earnings per share of $1.43 for the quarter. While iPhone sales are projected to decline year-over-year, the company’s services business is anticipated to drive growth. Looking ahead, analysts are optimistic about the iPhone 15 Pro lineup, which is rumored to feature a periscope lens for improved optical zoom capabilities. The article also mentions speculation about Apple’s mixed reality headset, dubbed the “Vision Pro,” which could be unveiled at the company’s Worldwide Developers Conference in June. Overall, the article highlights Wall Street’s positive outlook for Apple’s financial performance and its upcoming product releases.

Source: https://markets.businessinsider.com/news/stocks/apple-earnings-preview-2q-wall-street-forecasts-iphone-vision-pro-2024-5