Strong iPhone Sales will Boost Apple’s Holiday Quarter, with Google AI deal in Spotlight

Apple Inc. (NASDAQ:AAPL) is among the Ken Fisher Stock Portfolio: 12 Best Stocks to Buy.

Strong iPhone Sales will Boost Apple's Holiday Quarter, with Google AI deal in Spotlight

According to a January 28, 2026, Reuters story, demand for the high-end iPhone 17 Pro models is likely to fuel Apple Inc. (NASDAQ:AAPL)’s highest iPhone sales rise in over four years. In the October-December fiscal first quarter, analysts predict that iPhone revenue will surge by roughly 13.8%. Moreover, the total revenue is expected to jump by 11.4% to a record $138.43 billion. In 2025, the corporation held a 20% market share in smartphones worldwide, up from 18% the year before. Even though customer demand was not yet being driven by artificial intelligence features, sales of the newest iPhone series skyrocketed in late 2025.

Apple Inc. (NASDAQ:AAPL) aims to implement AI features using Google’s Gemini, a move that analysts believe improves iPhone positioning without requiring significant investment. Greater China sales are projected to expand roughly 15%, and services revenue is forecast to grow 14.1%. Investors will be watching how the firm handles growing expenses due to a worldwide scarcity of memory chips, which could put pressure on margins even though the supply chain is expected to be solid overall.

The stock is down by 4.70% YTD as of January 29, 2026.

Apple Inc. (NASDAQ:AAPL) designs, produces, and markets wearables and accessories, tablets, smartphones, computers, and other associated services.

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Disclosure: None. This article is originally published at Insider Monkey.