Apple’s fiscal fourth quarter has come to an end. We are now about two weeks away from the start of the earnings season in the US, and about four weeks from Apple’s earnings day – see Apple Maven’s coverage of last season for a refresher.
Today, I kick off the countdown to earnings day with a look at what Wall Street analysts expect to see regarding headline financial results. These estimates are likely to change over the next few weeks, as new reports come out. It will be interesting to watch the evolution from here to there and see how much more bullish or bearish experts may become until earnings day.
Expectations are set low
First, let me remind the reader that Apple has not provided guidance for its fiscal fourth quarter, as it used to do before the COVID-19 crisis. As a result, revenue and EPS estimates now range