Apple sees big December quarter driven by strong iPhone 17 demand

▤ Summary

Apple beat analyst expectations for its fiscal fourth quarter and issued a stronger-than-expected forecast for the December quarter. Tim Cook said iPhone 17 demand is driving confidence, with total revenue expected to grow 10% to 12% year over year. The company also highlighted strength in Services, Mac, and ongoing momentum in its App Store and subscription businesses. Apple said it remains supply constrained on several iPhone 17 models and expects tariff costs to rise in the next quarter. Cook also pointed to future software partnerships, including more integrations beyond ChatGPT in Apple Intelligence.

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