Apple stock rises as iPhone 17 sales drive record holiday forecast, analysts upbeat

Core Viewpoint - Apple shares increased nearly 2% in premarket trading following the company's forecast of record sales for the upcoming holiday quarter, attributed to strong demand for the new iPhone 17 lineup despite supply constraints [1] Group 1 - The company anticipates record sales for the holiday quarter, indicating strong consumer interest and market performance [1] - Demand for the new iPhone 17 lineup is robust, suggesting a positive reception and potential for increased market share [1] - Supply constraints are noted, which may impact the overall availability of products but have not deterred consumer interest [1]