News First | Americas

Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates

31 October 2025, 8:14 am

1 min read

A person points to an iPhone during Apple's event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2025. REUTERS/Manuel Orbegozo

Reuters was ahead of competition with Apple’s quarterly forecast news. Shares dropped after the Oct 30 report was published with disappointing iPhone news. But shares recovered shortly as analysts and investors cited the strength in the forecast, which Reuters got in an interview with CEO Tim Cook.