Apple biggest supporter is predicting a powerful end to 2024, driven by robust iPhone sales during Christmas, setting the stage for the tech giant to hit a $4 trillion market value. In a note on Monday, Wedbush’s Daniel Ives wrote that he believes Apple is set to have a strong holiday season ahead as iPhone 16 upgrades are trending well into Christmas, based on recent Asia supply chain checks. Currently, Ives estimates that 100 million iPhones in China alone could be upgraded in 2025, and overall, 300 million iPhones globally have not been upgraded in over four years.