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Business Insider
8 mins

Apple expects to finish the year with a monster quarter — and turn things around in China

1. Tim Cook predicts record revenue for December driven by iPhone 17 sales. 2. iPhone 17 exceeded iPhone 16 sales by 14% in first ten days. 3. Apple expects 10-12% growth, surpassing analyst expectations for the quarter. 4. China sales declined last quarter; Cook anticipates a rebound with iPhone 17. 5. Apple's revenue grew 8% in Q4, beating previous estimates dramatically.

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FAQ

Why Very Bullish?

Record sales projections often lead to stock price increases. Historical records show similar bullish responses after strong iPhone launches.

How important is it?

The article discusses strong sales forecasts directly linked to Apple’s core revenue generator, indicating significant investor interest.

Why Short Term?

Immediate sales data and holiday season influence fluctuations. Past iPhone launches saw rapid stock price increases.

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