Apple's Holiday iPhone Sales Forecast Met with Skepticism

3 months ago

Paul Sweeney

"Okay, so Apple ticker uh AAPL, their shares have been up more than 2%. They said it's going to have a jump in sales over the holiday season because of the new iPhones and it really assured investors that that product is going to be a growth engine for them cuz they were kind of worried about it. Um the CFO said revenue in the fiscal first quarter runs through December. It's going to rise by 10% to 12%. He said it's going to be our best iPhone quarter ever. So really behind it, if you look at the iPhone, I mean the the new one, they updated the designs. They introduced this like ultra thin model called the Air. So there have been some updo to it. Um the lineup is the company's biggest money maker, accounting for roughly half of its revenue. So it's a big big... I'm not buying it. I'm still with my iPhone 15 Pro. Thank you very much."

While Apple forecasts a strong holiday quarter boosted by new iPhone designs and a projected 10-12% revenue increase, the speaker explicitly states a decision not to buy additional Apple shares, reflecting caution despite positive sales expectations.

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