Apple’s iPhone 17 BOOM: Sales Surge, Stock Soars Near $4T – What Analysts Say
Apple Inc. (NASDAQ: AAPL) is riding high on the strength of its new iPhone 17. Counterpoint Research data show the iPhone 17 line (launched in September) outsold the iPhone 16 series by 14% in their first 10 days on the U.S. and Chinese markets reuters.com investing.com. In particular, the entry-level iPhone 17 has been a smash hit – Chinese demand for the basic model nearly doubled versus last year cnnbrasil.com.br investing.com. Counterpoint senior analyst Mengmeng Zhang credits its “excellent cost-benefit” and strong specs (new A19 chip, bigger screen and storage) at the same price as 2024 investing.com. As one consumer note, Apple even