Apple’s final earnings report under Tim Cook is expected to show EPS of $1.89 and revenue of $108.85 billion.
US stock indices extended gains, with the Nasdaq 100 rising 3.53% as tech stocks outperformed. The Dow and Russell 2000 posted smaller advances of around 1.25%.
Apple’s earnings report after the close is anticipated to deliver $1.89 in earnings per share, up from $1.57 a year ago. Revenue is projected to reach $108.85 billion, compared with $94.04 billion in the prior-year period.
The company’s stock has surged 2,400% during Cook’s tenure, reflecting strong market performance and expansion in market capitalization.