Apple Inc. became the first company in history to reach a $4 trillion market capitalization on Tuesday, as investor optimism surged ahead of its fiscal Q4 2025 earnings report scheduled for Thursday, October 30, after market hours. The milestone follows a sharp rally in Apple’s stock, driven by strong demand for the iPhone 17 lineup and bullish projections for its high-margin services segment.
Key expectations for Q4 FY25
Wall Street anticipates mid- to high-single-digit revenue growth for the quarter, supported by steady iPhone upgrades and expanding services revenue. Analysts expect Apple’s App Store, Apple TV+, iCloud, and Apple Pay businesses to offset slowing hardware growth in certain mature markets.
The iPhone 17 series remains a crucial driver, with robust momentum in Greater China and emerging Asian markets. Analysts are closely watching shipment data to gauge whether Apple can sustain its premium pricing amid intensified competition from Samsung and Chinese brands.
Factors to watch
- iPhone upgrade cycle: Continued strength in replacement demand, particularly in India and Southeast Asia.
- Services revenue and margins: Growth in recurring digital revenue streams is expected to push margins higher.
- Supply chain and tariffs: Management commentary on U.S.-China trade exposure and component costs will be key, especially as global tariff discussions evolve under President Donald Trump’s administration.
Broader impact
For Indian investors and global analysts alike, Apple’s performance will offer cues on consumer spending trends across Asia-Pacific — particularly as its services ecosystem increasingly contributes to overall profitability.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
