Analysts expect 20.6% iPhone revenue growth in Apple's March quarter
Updated
Updated · MarketWatch · Apr 30
Analysts expect 20.6% iPhone revenue growth in Apple's March quarter
4 articles · Updated · MarketWatch · Apr 30
The FactSet consensus follows 23.3% iPhone revenue growth in the December quarter, signalling sustained momentum after a long period of sluggish sales.
Morgan Stanley analyst Erik Woodring said improving iPhone upgrade rates in China have helped reenergise Apple's customer base.
Earlier previews had put March-quarter iPhone revenue growth near 21% as investors awaited Apple's results alongside broader scrutiny of revenue, margins and leadership transition plans.
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