Apple announces third quarter results; what it reveals about iPhone 17 series sales

Apple has achieved a historic milestone, crossing the $100 billion revenue mark in a single quarter. Strong demand for the new iPhone 17 lineup fueled this success, contributing to record iPhone sales. Services revenue also reached an all-time high. Despite ongoing AI competition and trade tariffs, Apple's performance signals continued momentum. The company is experiencing high demand, leading to supply constraints which are viewed positively. This achievement highlights Apple's robust market position.