According to ChainCatcher, Apple’s new CEO John Ternus is set to host his first earnings call, with investors and analysts focused on three issues: holiday-quarter performance, artificial intelligence, and rising memory chip costs. Analysts expect higher memory chip expenses to weigh on the pace of profit growth for the quarter. Apple’s fourth-quarter revenue is projected to rise by nearly 11% to $113.39 billion, while net profit is expected to increase by about 6% to $29.04 billion. The upcoming call will mark Ternus’ first time leading the discussion of Apple’s quarterly results, placing added attention on how the company addresses operating pressure and growth expectations.
According to ChainCatcher, Apple’s new CEO John Ternus will host his first earnings call, facing three main tests: holiday-quarter performance, artificial intelligence, and memory chip costs.
Analysts expect rising memory chip costs to weigh on the pace of quarterly profit growth. Apple’s fourth-quarter revenue is projected to increase by nearly 11% to $113.39 billion, while net profit is expected to rise by about 6% to $29.04 billion.
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