Apple forecasts juicy revenue from sales of new iPhone, other products
It tips revenue of US$49b to US$52b for the three months through Sept; analysts had expected US$49.1b
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
San Francisco
APPLE Inc gave a revenue forecast that highlighted resilient demand for the iPhone ahead of the launch of its new models and the growing significance of the company's supporting businesses.
New iPhones typically go on sale in mid to late September, which produces a few weeks of revenue that are included in the company's fiscal fourth-quarter results. Some analysts had reduced their estimates on concern that the new high-end iPhone may be delayed, but Apple's projections on Tuesday - and increasing sales of other products and services - calmed those fears.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
