Apple’s Forecast for Holiday Quarter Exceeds Estimates
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Apple Inc. is projecting a happy holiday season.
New larger-screened iPhones are set to help boost sales by at least 10 percent during the crucial holiday quarter, the Cupertino, California-based company said in a statement today. Revenue in the current period will be $63.5 billion to $66.5 billion, just topping the $63.5 billion estimated on average by analysts, according to data compiled by Bloomberg.