Apple CEO Tim Cook announced holiday quarter forecasts that beat Wall Street expectations, driven by strong demand for iPhone 17 models despite supply constraints and shipping delays to China. Although iPhone sales missed fiscal Q4 targets, Apple compensated with robust performance in other areas, including AI-powered AirPods that translate languages. Overall revenue and profit exceeded analyst estimates, showcasing Apple’s resilience and innovation amid logistical challenges.
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Apple CEO Tim Cook Forecasts Holiday Quarter iPhone Sales That Top Wall Street Estimates
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