Apple's earnings on Wednesday will provide some early insight into how Apple's new iPhones are selling as investors watch Apple's forecast for its all-important holiday season.
in the past to give his commentary on tariffs and how they're likely to affect Apple.
Apple's iPhone strategy hasn't changed since last year: It released three phones, two higher-end models that start at $999 or more, called the iPhone 11 Pro and iPhone 11 Pro Max, and a lower-priced phone that's meant to be the mainstream model, called the iPhone 11.which some analysts say is boosting demand.
"Our analysis of store foot traffic data in the U.S. and web traffic globally indicates that customer interest for iPhone 11 is tracking better than the XS last year," Jefferies analyst Kyle McNealy wrote. "The accounting treatment of free TV+ subscription with the purchase of most hardware adds some complexity and uncertainty to the near-term model," Arcuri wrote.
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