AppleCCS Insight’s chief analyst Ben Wood says that the current run is unstoppable.

iPhone Maker posted a record quarterly profit of almost $124 billionApple’s share price soared 11% Thursday due to this. With sales exceeding expectations in every category except the iPad, it beat the top and bottom lines.

Wood stated that Apple was “like a freighttrain at the moment,” Wood explained to CNBC’s SquawkBox Europa on Friday. It’s survived the pandemic exceptionally well.

Apple announced Thursday that there were now over 1.8 billion Apple devices. This includes products such as iPhones, iPads Apple Watches, Apple Watches, and HomePods.

Wood added that they have an amazing install base and this gives them great momentum. Wood also stated that he anticipates it to rise past 2 billion towards the end 2022.

Apple CEO Tim Cook said that during a conversation with Julia Boorstin on Thursday at CNBC. inflationary pressures are affecting the company.

Cook stated that prices are set to reflect the actual value of products and is experiencing inflationary pressure. I believe everyone is experiencing inflationary pressure. That’s the only way to put it.

Cook spoke to analysts during an earnings conference and discussed how inflation affects Apple’s business. He also gave an example about shipping costs.

We are seeing inflation, and that’s been factored in to our gross margins and opex [operating expenses]This [Apple CFO] Luca [Maestri]Cook confirmed that the review was done with him earlier. As I mentioned in a prior call, logistic costs are very high because of how much it takes to move things.

Cook stated that he hopes the higher costs will be temporary. Cook expressed hope that some of the higher costs will be temporary. However, Cook noted that “the world has changed” and it is possible to see what Cook meant.

Apple, like almost all electronics businesses, is having trouble with its supply chain. Wood explained that Apple has been doing well, but is not immune to supply chain issues.

Cook stated that he expected supply chain issues to decline in March quarter, but didn’t state that they would disappear entirely.

Mirabaud Equity Research’s head of TMT Research Neil Campling stated in a statement, “It is hard to predict how Apple will perform in the March quarter.”

He said that Apple doesn’t provide us with any explicit guidance on the trajectory of iPhones at the moment, making it difficult to determine the setup for March quarter, Chinese new year, and supply chain pricing dynamics. However, he added that media reports are already showing that a positive first quarter is a sign that Apple will be able to deliver a strong second quarter.

“Why? Campling stated that “Why?