Apple's Sales Forecast Indicates Another Record Holiday Quarter
- Newest models, demand in China drive forecast for higher sales
- `We feel very good about our prospects,' CFO Maestri says
Why China Slowdown Didn’t Make Apple Crumble...
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Apple Inc. said it will have another record holiday, fueled by enduring demand for the iPhone.
The Cupertino, California-based company said sales in the quarter ending in December will be $75.5 billion to $77.5 billion, topping last year’s record. Chief Executive Officer Tim Cook attributed the forecast to customers upgrading to the latest iPhone models, converts switching over from Android handsets and continued growth in China.