iPhone X Has Already Hit The Market Therefore Profit is Boosting For Apple

Demand for the £999 new phone, which opened for pre-orders last week, has been "off the charts", with a queue of 350 people outside Apple's store in Sydney, Australia, on Friday morning.

The tech giant forecast fiscal first-quarter revenue of $84bn-$87bn, putting it within striking distance of becoming the first trillion dollar public company.
Apple shares rose 4% in after-hours trading to hit an all-time high on the back of the announcement.
But Apple executives shrugged off those fears, with chief financial officer Luca Maestri saying they were "quite happy" with how manufacturing of the iPhone X was progressing.
Apple's market capitalisation of around $868bn already makes it the world's most valuable publicly-traded company.
The company's net income rose to $10.71bn, or $2.07 per share.