Apple Raises Revenue Guidance Amid Strong iPhone and Mac Demand
Apple raised its revenue guidance for the fiscal third quarter, projecting growth of 14% to 17%, surpassing analyst expectations. The company attributed the growth to strong demand for the iPhone 17 and Mac models, despite supply constraints from the global memory crunch. Apple's stock rose over 3% following the announcement.
Tickers: $AAPL
Topics: Apple Inc. Earnings Call iPhone 17 Mac Demand Memory Crunch Revenue Growth Stock Price Movement