Utilize the input text as a context reference, choose the right relationship between iPhone and Apple Inc from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The housing index (.HGX) rose 1.64 percent on the data, outperforming the overall stock market, which fell after Apple Inc (AAPL.O) late on Tuesday gave a fourth-quarter revenue forecast that fell short of estimates and missed some targets for iPhone sales.

Answer: manufacturer