Apple's Optimistic Holiday Outlook

3 months ago

Critty Gupta

"Apple reported yesterday as well. You're not seeing the same gains, but still a good news for the iPhone maker. APL is your ticker, trading at $276 a share and change, higher by about 2% this morning. A couple of positives here. Now, remember, we were all really worried about their ability to actually sell the iPhone and would they have to do it at a higher price given some of the supply chain and tariff concerns. Turns out, not only are they not worried about it to the same extent, they're saying they have a big holiday season sales figure coming up, I think their new iPhones are really expected to take off."

The commentary on Apple notes a modest 2% gain but emphasizes positive outlooks with anticipated strong holiday sales and improved profitability. It reassures investors in the face of earlier supply chain and tariff concerns.

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