Apple will report its fiscal fourth-quarter results after the market closes on Monday, Yahoo Finance and Reuters report. It is the first earnings call with John Ternus as CEO. He took over from Tim Cook in September.

Analysts expect earnings of $2 a share on revenue of $113.46 billion, according to Bloomberg estimates cited by Yahoo Finance. Reuters cites LSEG data showing expected revenue of $113.39 billion, up nearly 11%, and net profit up about 6% to $29.04 billion.

iPhone sales are expected to rise about 15%, the outlets report. Reuters says the results will capture just nine days of sales of the new iPhone 18 Pro models. The iPhone Duo, Apple's first foldable phone, went on sale in late October, after the quarter ended. Some Duo buyers have reported cracks and lines along the inner screen's fold, prompting Apple to offer replacements, Reuters reports.

Apple's services business is expected to grow almost 10%, its slowest pace in more than three years, according to Reuters. Analysts expect rising memory chip costs to drag profit growth to its weakest in six quarters, Reuters reports. Cook had called the rise in memory costs a "100-year flood."

Apple's shares are up roughly 30% over the past 12 months, Yahoo Finance reports. Reuters says the shares are up about 27% this year. Apple's market value recently passed $5 trillion for the second time, Yahoo Finance says.

What we know: Apple reports after Monday's close, with analysts expecting strong iPhone sales.
What we don't: What Apple will forecast for the holiday quarter, and what Ternus will say about AI.