Reported about 9 hours ago
Apple's stock price soared to an all-time high, rising over 4% following the news that initial sales of the iPhone 17 have outperformed those of the iPhone 16 in both the US and China. Counterpoint Research reported a 14% increase in iPhone sales year-over-year during the first ten days of availability, with the base model iPhone 17 offering significant upgrades at the same price point as last year's model, appealing to consumers. Despite strong sales, Apple faces pressure to deliver its AI-enhanced Siri, which has been delayed.
Source: YAHOO