If Apple can show growth from the four new phones it releases each year without them cannibalizing one another, the company will have its best chance to see iPhone sales grow meaningfully for the first time since 2022.

Apple brought in $94.9 billion in sales for the quarter ending last month, exceeding average analyst estimates of $94.5 billion and $1.64 earnings per share excluding the one-time tax charge, topping forecasts of $1.60 EPS, according to FactSet.

A new report claims that Apple might launch the iPhone SE 4 sometime in March 2025 rather than earlier next year.