Apple’s First‑Quarter Forecast: A Triple‑Threat of $100 Billion Plus, 12% YoY Growth, and a New EPS Record
It’s that three‑month rhythm again—Apple are about to drop their FY‑Q1 numbers, while Netflix is making waves in the FAANG arena. Rumor has it that Apple will top the $100 billion sales mark for the first time ever, giving analysts a moment of pure glee and a few coffee‑shot nostalgia for the leaner days of 2020.
Key Highlights From the Numbers (in a nutshell)
- Sales > $100 Billion: Apple’s revenue tops the hundred‑billion club like that rare, coveted “Apple Watch Series” release.
- Year‑on‑Year Growth of 12%: The fastest acceleration in a decade—like a rocket launching out of the LA sky.
- Earnings Per Share (EPS) Preview of $1.39: A climb from $1.25 last year, a healthy nose‑up.
- Services & Wearables Fueling the Rise: Global services are doubling up, while wearables & accessories are breaking out of the sales‑dry spell of fiscal 2020.
Why Does This Matter?
Apple’s flag‑ship, the iPhone 12, kicked off in October, adding a power‑law wave of renewed demand. Combined with surprises from its services segment—think Apple Music, iCloud, and Apple TV+—the company is redefining “cool” by handing out points that translate into billions.
What’s Next? Let’s Talk Tim Cook
For the second quarter, we’re hoping Tim Cook will drop a guidance that’s as smooth as a new iOS update. Analysts are currently eyes‑on the $0.92 EPS estimate—so a gentle word from the CEO could tilt the market in his favor.
Stay in the Loop
Got pockets of interest in Apple’s quarterly fireworks? Keep your ears open; the next update is dropping soon and you’ll want to be in the know.