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Apple officially announced that it will host a smart home product launch event this Tuesday. It is expected that Apple doorbells and Apple thermostats will be launched. The company also plans to launch a MacBook with a touchscreen and a new iPad mini later this month. The market anticipates that the company will disclose in a few weeks when announcing its earnings report that the recently concluded 2026 revenue increased 15% year over year. But this appears to be close to the peak of this round of growth: revenue is expected to slow to 10% in FY2027 and fall further to 7.8% in FY2028. Whether Apple's new products can change the company's profit prospects remains to be seen. But Wall Street analysts are in no hurry to raise their expectations. Over the past three months, analysts' expectations for Apple's net profit for the 2027 fiscal year have been lowered by 0.6%, while revenue expectations have only increased by 0.7%.
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Apple officially announced that it will host a smart home product launch event this Tuesday. It is expected that Apple doorbells and Apple thermostats will be launched. The company also plans to launch a MacBook with a touchscreen and a new iPad mini later this month. The market anticipates that the company will disclose in a few weeks when announcing its earnings report that the recently concluded 2026 revenue increased 15% year over year. But this appears to be close to the peak of this round of growth: revenue is expected to slow to 10% in FY2027 and fall further to 7.8% in FY2028. Whether Apple's new products can change the company's profit prospects remains to be seen. But Wall Street analysts are in no hurry to raise their expectations. Over the past three months, analysts' expectations for Apple's net profit for the 2027 fiscal year have been lowered by 0.6%, while revenue expectations have only increased by 0.7%.
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