For fiscal Q4, Apple is expected to report adjusted EPS of $2.78 on revenue of $61.57 billion, according to third-party consensus analyst estimates. In fiscal Q3, Apple sold 41.3 million iPhones, which generated $29.9 billion in revenue, a 20% year-over-year increase. In addition to new iPhones, Apple announced new Macs, MacBooks and iPad Pros at its Oct. 30 product launch event. Management’s stated goal is to get Services revenue to $51 billion per year by 2020. Apple Options Trading ActivityOptions traders have priced in a 4.5% stock move in either direction around the earnings report, according to the Market Maker Move indicator on the thinkorswim® platform.

Source: Forbes October 31, 2018 13:30 UTC