Apple's latest iPhones have received a tremendous response globally, according to CEO Tim Cook. The tech giant recently announced its financial results, highlighting the introduction of the thinnest iPhone, the Air, alongside the upgraded iPhone 17 models.

Despite facing supply constraints that affected iPhone sales, Apple is optimistic about the upcoming holiday season, predicting a revenue increase of up to 12% compared to last year. Cook emphasized that the company is entering this peak season with its most powerful lineup ever.

While Apple reported total revenues of $102.5 billion for the fourth quarter, specific iPhone revenue came in slightly below expectations at $49 billion. The company cited issues including supply chain constraints and delays in shipments to China as contributing factors for the dip in sales.

Cook assured stakeholders that the demand for the iPhone 16 and 17 models remains robust, and Kodak is focusing on resolving supply constraints promptly to ensure customer satisfaction.

Data from Counterpoint suggests that the initial days of iPhone 17 sales in the US and China have improved by 14% over the previous iPhone 16 models, indicating healthy market dynamics despite broader concerns over tariffs and trade relations.

As Apple prepares for the holiday quarter, it braces itself to face continued scrutiny from investors regarding its supply chain amid external pressures, aiming for successful navigation through this critical period.