Apple biggest supporter is predicting a powerful end to 2024, driven by robust iPhone sales during Christmas, setting the stage for the tech company 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 as iPhone 16 upgrades are trending well as Christmas nears, based on recent checks of supply chains in Asia. Currently, 100 million iPhones in China alone could be upgraded, or replaced with newer devices, in 2025, Ives estimates.