iPhone 15 Series: Will Higher Prices And Exclusive Features Boost Apple's Q4 Revenue?
Portfolio Pulse from Ananya Gairola
Apple Inc. has launched its latest iPhone 15 series, with significant design changes and enhancements. The new series has sparked questions about its potential impact on holiday sales. While orders for the highest-end iPhone 15 models are backlogged until mid-November, other newly launched products received a more subdued response. Apple is optimistic about the new series reversing a trend of declining sales, especially with the iPhone 15 Pro featuring a significant design shift. Wall Street estimates for Apple's fourth-quarter revenue stand at $89.3 billion, with $43.6 billion projected to come from the iPhone.
September 22, 2023 | 12:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The launch of Apple's iPhone 15 series could potentially impact the company's Q4 revenue. The company is optimistic about the new series reversing a trend of declining sales. Wall Street estimates for Apple's Q4 revenue stand at $89.3 billion, with $43.6 billion projected to come from the iPhone.
The launch of the iPhone 15 series is a significant event for Apple, as the iPhone series represents roughly half of Apple's overall revenue. The company is optimistic about the new series reversing a trend of declining sales. This could potentially impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100