Expect a Huge Holiday Quarter From Apple, Inc.

Expect a Huge Holiday Quarter From Apple, Inc.

While Amazon.com often gets a lot of attention during the Black Friday shopping weekend, there's another giant company that seems to be firing on all cylinders: Apple (NASDAQ: AAPL). One analyst at research and investment banking boutique Rosenblatt believes the tech giant not only sold lots of iPhone X units over the important shopping weekend, but also saw nearly twice the demand for its higher-priced 256 GB model than its 64 GB model.

Here's a look at the analyst's predictions -- and why Apple looks poised to have a huge holiday quarter.

Apple CEO Tim Cook greets a customer at an Apple Store on the iPhone X launch day earlier this month. Image source: Apple.

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Source: Fool.com