Apple Shares Rise After Strong Holiday Sales Forecast

Apple shares rise after strong holiday sales forecast

Apple (AAPL.O), opens new tab shares rose about 2% premarket on Friday after upbeat forecasts for the lucrative holiday quarter suggested the latest iPhone 17 models were driving a sales rebound despite delays in shipping to key market China. While the supply constraints weighed on sales in the fourth quarter, investors remained optimistic as the […]

Apple shares rise on strong holiday guidance

Apple shares climbed roughly 2% in premarket trading on Friday, buoyed by strong holiday-quarter guidance that signaled a sales recovery driven by the new iPhone 17 lineup, even amid shipping delays to the crucial China market. Although supply issues hampered fourth-quarter results, investor confidence held firm after the September debut of the latest iPhones propelled Apple’s market capitalization above $4 trillion earlier this week, placing it…