Apple Anticipates Significant Revenue Growth Driven by iPhone Demand in China

The tech giant's quarterly results will reveal early insights into iPhone 16 sales and the potential impact of its delayed AI features.

Apple is projected to report its largest quarterly revenue increase in two years, largely due to strong iPhone sales in China.
The iPhone 16 series, launched just before the fiscal quarter's end, is expected to boost sales, with China showing a 20% increase in early demand compared to previous models.
Analysts predict overall revenue growth of 5.7% for the quarter, with Greater China contributing a 6.6% rise in sales.
Apple Intelligence, the company's new AI feature, has a staggered rollout, raising concerns about its ability to drive an anticipated sales 'super-cycle.'
Despite strong iPhone sales, Apple faces challenges, including antitrust scrutiny in the EU and the U.S., and a $10 billion tax charge following a European court ruling.