How Apple’s Services, Mac, and iPad will perform in Q4 Earnings

In the upcoming fourth-quarter fiscal results from Apple, it looks like they had a pretty good run with strong Services revenues and Mac sales. The Services business, which includes Apple TV+, Apple Pay, and Apple Music, benefited from a growing number of device users and paid subscribers. At the end of the third quarter, Apple had over 1 billion paid subscribers across its Services.

The Apple TV+ streaming service has been doing well, winning 22 Emmys at the 77th Primetime Emmy Awards. But it’s facing tough competition from Disney+, Netflix, and Peacock. Even with the competition, Apple TV+ raised its monthly subscription to $12.99. The Zacks Consensus Estimate for the fourth-quarter fiscal 2025 Services is expected to show 12.3% year-over-year growth.

When it comes to Mac sales, Apple has seen year-over-year growth. In the PC segment, Apple had a 9% market share, up 30 basis points from the previous year, with shipments growing by 13.7% to 6.8 million. This is good news for Apple, especially as they continue to compete with other major players like Dell and HP.

On the other hand, iPad sales are expected to decrease year over year, with revenues suffering from sluggish demand in the upcoming quarter. This decline is anticipated, with the Zacks Consensus Estimate for fiscal fourth-quarter iPad net sales suggesting a 0.8% decrease.

Overall, it seems like Apple is in a decent position heading into the fourth quarter, with strong Services revenues and Mac sales to bolster their earnings report. Keep an eye out for Apple’s Q4 earnings report on October 30 to see how it all plays out!