Apple Inc.'s new iPhones are expected to help the technology giant return to growth in the key holiday period, supported by a growing collection of other products and services.

The company has projected fiscal first-quarter revenue that beat analysts' estimates, signaling solid demand for iPhone 11 models, new services like Apple TV+ and wearables such as upgraded AirPods and the Apple Watch.

The shares rose, but gains were limited. Optimism was tempered by falling revenue in many markets outside the Americas, a weaker performance from the Mac computer division and a surge in the stock ahead of the results Wednesday.