The consensus forecast among analysts polled by Thomson Reuters for Apple’s Q4 earnings is $51.11B, up 21.3% year-on-year. This would be slightly above the top end of Apple’s guidance of $49-51B reportsRe/code. Analysts predict unadjusted net profit of $10.72 billion, or $1.88 per AAPL share – up from $1.42 per share last year … 

Apple will report its earnings later today. The stock was looking set to see a 7.9% gain for the year until yesterday, when it fell sharply to a little over $115.

Analysts are forecasting that Apple sold around 48M iPhones in the quarter, 24% up on the same quarter last year – in large part because the new iPhones went on sale in China from the opening weekend. Investor reaction is expected to hinge more on Apple’s guidance for the holiday season than on the numbers it reports today.

KGI expects both iPad and Mac sales to have fallen year-on-year. There is nothing even approaching a consensus estimate of Apple Watch sales, but that’s a number Apple is unlikely to reveal.

We’ll of course be bringing you full coverage of the actual numbers as soon as they are announced.

Photo: Reuters

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