Apple Shares Surge on Positive iPhone Holiday Sales Forecast

Reported about 11 hours ago

Apple shares saw a nearly 2% increase in premarket trading following optimistic forecasts for holiday quarter sales, driven by the iPhone 17 models despite shipping delays in China. The new iPhones' launch helped elevate Apple's market capitalization beyond $4 trillion, alongside Nvidia and Microsoft, fostering investor confidence despite ongoing supply challenges and concerns about AI feature integration.

Source: YAHOO

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