"Anticipating Apple's Q1 Earnings: Analyst Concerns and Stock Outlook"

Apple is set to report its first-quarter fiscal 2024 results, with expectations of revenues similar to the year-ago quarter. The Zacks Consensus Estimate for fiscal first-quarter revenues is $117.62 billion, with earnings estimated at $2.09 per share. iPhone revenues are expected to benefit from new models, with an estimated 72.3 million iPhones shipped. Services growth is anticipated to accelerate, driven by an expanding paid subscriber base and the popularity of the App Store. Apple TV+ has been gaining recognition, with consumption doubling in 2023, but it still trails behind competitors in terms of market share.