Apple Is on Track To Crush This Important iPhone Sales Record

There's little question that Apple (NASDAQ: AAPL) lives and dies by sales of the iPhone. The company has worked diligently in recent years to reduce its reliance on its flagship device by pushing heavily into services and wearables. But because of the iPhone's sheer dominance and despite Apple's best efforts, much of the company's fortune rests on the success or failure of this single product line.

That's likely good news for Apple investors this year, as the company seems poised to break its all-time holiday sales record with brisk sales of the iPhone 13 heading into the all-important end-of-year shopping season. But global supply chain issues could put coal in Apple's stocking.

Image source: Getty Images.

Continue reading

Source Fool.com