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Apple predicts stronger third quarter sales growth as shares climb after forecast beat

Business
Published on 1 May 2026
Apple predicts stronger third quarter sales growth as shares climb after forecast beat

Guidance jumps to 14 to 17 percent

Apple’s latest forecast topped Wall Street expectations, with executives projecting 14% to 17% sales growth in the current fiscal third quarter. Analysts had expected about 9.5% growth to roughly $102.93 billion, according to LSEG data. The upside pushed Apple shares higher as investors reacted to the stronger demand outlook.

  • Apple guided for 14% to 17% sales growth
  • Wall Street expected about 9.5% growth to $102.93 billion
  • The forecast beat helped lift Apple shares
  • LSEG data points to a clear expectations gap
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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