Apple Q4 Earnings: Why I'll Be Watching Guidance

Investors will be watching a number of metrics when Apple (NASDAQ: AAPL) reports its fiscal fourth-quarter results later this month. iPhone, services, and wearables revenue for the period will be particularly insightful, giving investors a good pulse on some of the company's most important segments. Of course, investors will also be looking to see if Apple's earnings per share can end its recent downward trend.

While the quarterly results themselves will certainly be interesting, investors should pay special attention to management's revenue guidance for its first quarter of fiscal 2020. Fiscal Q1 is Apple's biggest quarter every year. Not only does the period include the holidays, but it is always the company's first full quarter of new iPhone sales, as the company releases new iPhones a few weeks before the quarter starts.

Apple's guidance for its holiday quarter, therefore, provides the first look at what management expects from the important period.

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Source Fool.com