(Bloomberg/Mark Gurman) — Apple Inc. projected a jump in sales over the holiday season after releasing new iPhones and worked to reassure investors concerned about a decline in revenue from China.

Sales in the fiscal first quarter, which runs through December, will rise by 10% to 12%, Chief Financial Officer Kevan Parekh said during a conference call with analysts Thursday. Analysts had predicted 6% on average. The period is expected to be “our best iPhone quarter ever,” he said.

Apple is navigating its way through a range of global challenges, including trade tensions, weakness in China and delays developing artificial intelligence features.

Related Articles

Revenue from greater China fell 3.6% to $14.5 billion last quarter, well short of the $16.4 billion that analysts projected. The

See Full Page