News | October 27, 2015 09:10 PM EDT

Apple's Sales Forecast Indicates Another Record Holiday Quarter - Bloomberg

Apple Inc. said it will have another record holiday, fueled by enduring demand for the iPhone.

The Cupertino, California-based company said sales in the quarter ending in December will be $75.5 billion to $77.5 billion, topping last year’s record. Chief Executive Officer Tim Cook attributed the forecast to customers upgrading to the latest iPhone models, converts switching over from Android handsets and continued growth in China.

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