Apple Inc. (NASDAQ:AAPL) is poised to surpass earnings expectations in the third quarter, driven by strong performance across its iPad, Mac and Services segments. Goldman Sachs analyst Michael Ng predicted an EPS of $1.36 on $85.1 billion in revenue, as Apple reports on Aug. 1. Apple iPad, Mac To See Double-Digit Growth, Says Analyst Ng’s optimism was fueled by anticipated strong performance in Apple’s iPad and Mac segments, which are expected to see double-digit growth, alongside a robust 15% increase in Services revenue. Ng attributed the projected EPS beat to Apple’s innovative product lineup and strategic pricing. Ng stated, "We expect AAPL to deliver an EPS beat in F3Q24E with $85.1 bn of revenue (+4% yoy) and EPS of $1.36." He forecasts iPhone revenue at $37.8 billion, despite a 5% year-over-year decline due to price discounting efforts to maintain clean channel inventories. Apple AI: Catalyst For Future Growth The ...