Apple's latest smartphone cycle is back in the spotlight as market watchers evaluate whether consumer demand can push the tech giant's valuation into record territory. The health of the iPhone business remains a critical factor for the company's broader financial trajectory.

Key metrics under observation include the momentum of the ongoing iPhone upgrade cycle and lengthening delivery lead times. Extended shipping estimates often serve as an indicator of robust customer interest and healthy early adoption, making them essential data points for market observers.

Analysts are monitoring whether these demand signals will provide enough upward momentum to lift Apple's shares past their previous all-time high of $344. Hardware sales performance continues to play a central role in driving investor sentiment.

For complete details and the full market forecast, check the original report on TradingKey.