{"id":14276,"date":"2025-10-31T18:34:23","date_gmt":"2025-10-31T16:34:23","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/apple-shares-rise-as-iphone-holiday-sales-forecast-soothes-supply-woes\/"},"modified":"2026-02-27T16:26:54","modified_gmt":"2026-02-27T14:26:54","slug":"apple-shares-rise-as-iphone-holiday-sales-forecast-soothes-supply-woes","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/apple-shares-rise-as-iphone-holiday-sales-forecast-soothes-supply-woes\/","title":{"rendered":"Apple shares rise as iPhone holiday sales forecast soothes supply woes"},"content":{"rendered":"<p>This follows upbeat forecasts for the lucrative holiday quarter, suggesting the latest iPhone 17 models were driving a sales rebound despite delays in shipping to the key market, China.<\/p>\n<p>&nbsp;<\/p>\n<p>While the supply constraints weighed on sales in the fourth quarter, investors remained optimistic as the September launch of the new iPhone lineup helped Apple shares cross above $4 trillion in market capitalisation earlier this week, joining Nvidia and Microsoft. The outlook has also helped allay concerns around Apple going slow on the integration of some long-awaited artificial intelligence features, even as other tech majors race ahead.<\/p>\n<p>&#8220;I just know that owning this stock for many decades. When you&#8217;re really big like Apple, you don&#8217;t have to move fast; sometimes you just have to get it right eventually,&#8221; said Eric Clark, Chief Investment Officer at Accuvest.<\/p>\n<p>&nbsp;<\/p>\n<p>Amazon and Apple shares are still the worst performers for the year so far among the so-called &#8220;Magnificent Seven&#8221; group of magacaps, though the e-commerce giant&#8217;s stock soared before the bell on Friday on stellar cloud growth in the quarter. Apple&#8217;s stock trades at 33.4 times analysts&#8217; profit expectations, representing a premium to Microsoft&#8217;s 31.7 and Meta Platform&#8217;s, according to London Stock Exchange Group data.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14277,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14276","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Apple shares rose about 2% premarket on Friday.","published_date":null,"news_description":"Apple shares rose about 2% premarket on Friday.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14276\/revisions"}],"predecessor-version":[{"id":19008,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14276\/revisions\/19008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14277"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14276"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}