Apple’s iPhone 17 BOOM: Sales Surge, Stock Soars Near $4T – What Analysts Say
Apple’s iPhone 17 lineup is selling 14% faster than last year’s model in the U.S. and China, with base model sales in China nearly doubling year-over-year, according to Counterpoint Research. Apple shares rose 4% to a record $263, lifting its market value to $3.9 trillion. Wall Street analysts raised price targets, though some warn expectations may be too high. Apple kept iPhone prices flat and launched new M5-chip devices without price hikes.