Tim Cook said Thursday that forecasts for iPhone sales and total revenue for the holiday quarter beat analysts’ expectationsthanks to the orders for the models iPhone 17which the company is trying to deliver amid ongoing supply constraints.

Those restrictions, as well as delays in shipping the new phones to China, led her Apple to miss the iPhone sales target in the fourth fiscal quarter. However, this deficit was offset by the strong performance of other products, such as news AirPods that use artificial intelligence to translate languages, with profits beating Wall Street forecasts.

The results showed that the bigger risks that many investors saw for Apple, such as its exposure to US-China trade tensions and a delay in integrating artificial intelligence functionshad less impact than the sheer complexity of manufacturing and distributing hundreds of millions of devices.

In an interview with Reuters, Cook said he expects iPhone sales in the current quarter (focused on the holidays) to grow at a double-digit rate year over year, while Apple’s overall revenue is up 10-12%. Those forecasts for the first fiscal quarter of 2026 beat analysts’ estimates, which had expected iPhone sales to rise 9.8% to $75.91 billion and total sales to rise 6.6% to $132.53 billion, according to LSEG data.

This positive outlook comes as Apple struggled to meet demand for several iPhone 17 models, as well as some older iPhone 16 models, during the recently completed fiscal fourth quarter. The company also faced delays in China for the launch of the iPhone Air, the thinnest model it has ever made and its biggest design refresh in years.