Apple said in its latest update that the holiday-quarter sales forecast for its iPhone line has been upgraded, signalling a return to robust demand despite earlier shipping delays in China.
The company’s shares rose about 2% in pre-market trading after news of the forecast reached investors, and Apple’s market capitalisation recently surpassed the US $4 trillion mark, joining peer tech giants in that elite league.
Footnotes in the report mention improvements in component flow and manufacturing ramp-up in recent months, reducing the previously flagged risk of supply bottlenecks in China. While Apple moves steadily rather than swiftly in AI features, the upgrade suggests execution is meeting expectations at scale.

Key Highlights
• Apple upgraded its holiday-quarter iPhone sales outlook, soothing previous supply-chain concerns.
• Shares rose 2% pre-market after the announcement.
• Apple’s market capitalisation crossed US $4 trillion, joining the ranks of major tech firms.
• Supply-chain disruptions in China appear to be easing, according to Apple’s manufacturing commentary.

Why This Matters
• Apple’s sales upgrade reflects underlying strength in consumer hardware demand, even as the broader tech sector vies with macro headwinds.
• Easing supply-chain constraints in China help mitigate a key risk factor for global electronics manufacturing and signal better control for major hardware suppliers.
• Crossing the US $4 trillion market-cap threshold positions Apple firmly among the top tier of global tech companies, influencing investor sentiment broadly.
• The rebound in iPhone outlook may boost ancillary sectors — from component suppliers to retail channels — and set the tone for holiday-season tech adoption trends.

Source
Reuters – Full Article