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Analyst: Apple is expected to have more than $120 billion in revenue in the fourth quarter of last year

According to market news, thanks to the improvement in iPhone production, analysts predict that in the fourth quarter of last year, where the holiday shopping season is located, that is, Apple's first fiscal quarter of fiscal 2022, Apple's revenue is expected to reach a new high.

Analyst: Apple is expected to have more than $120 billion in revenue in the fourth quarter of last year

In the report, analysts expect Apple's revenue in the first fiscal quarter of fiscal 2022 to reach $122.3 billion, significantly higher than $111.4 billion in the same period of the previous fiscal year, an increase of more than $10 billion.

Apple's fiscal first quarter revenue is expected to exceed $120 billion and hit a new high, thanks in large part to the iPhone. Analysts also said that the iPhone will outperform expectations in this fiscal quarter, with 83 million units expected to be shipped.

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