Apple rises on upbeat holiday-quarter outlook
ReutersOct 31, 2025 8:32 AM
Apple AAPL.O rises 2.54% to $278.22 premarket
Co forecasts iPhone sales, revenue above Wall Street expectations on stronger demand for iPhone 17
Expects Q1 FY26 revenue growth of 10%-12% y/y vs Street estimate of 6.6%, per data compiled by LSEG
Limiting gains, CEO Tim Cook says co struggled to meet demand for iPhones in Q4FY25 due to supply constraints
Adds biggest updates to Siri, its virtual assistant, will come next year
Co's Q4 profit beats estimate, misses iPhone sales forecast
Apple had hit $4 trln in market value earlier this year on expectations of strong demand for its new iPhone models
AAPL gains 8.37% this year, as of last close
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