Business
Apple’s iPhone 17 Sales Surge Sparks Optimism for 2026
Cupertino, CA – Apple Inc. reported a surge in sales for its recently launched iPhone 17 series, raising optimism for the company’s future. As of October 30, 2025, Apple stocks have increased by 23% in the last three months despite a modest 5% rise since the beginning of the year, primarily due to concerns over its high valuation and competition in artificial intelligence.
The iPhone 17 models have outperformed their predecessors with sales 14% higher in the first ten days of release in both the U.S. and China. Notably, the base iPhone 17 model experienced a remarkable 31% increase in sales, doubling in China during the same period. These numbers are encouraging for Apple, as these markets accounted for 60% of its sales in the third quarter of fiscal 2025.
Counterpoint Research indicated that the demand for the iPhone 17 could help Apple finish the fiscal year strong. Dan Ives from Wedbush Securities revealed that about 315 million iPhone users have not upgraded their devices in four years, suggesting a significant potential customer base willing to buy the latest model.
Moreover, Apple has witnessed a 12% rise in unique visitors to its website during the recent iPhone event compared to last year, with pre-order visitors up by 16%. Early sales projections indicate strong interest in the new devices, leading Apple to boost its iPhone 17 production forecast for early 2026 by six million units.
The company is projected to generate approximately $440 billion in revenue for the current fiscal year, with estimates potentially increasing if sales continue to exceed expectations. Analysts suggest that if Apple reaches $450 billion in revenue for fiscal 2026, its market capitalization could rise to $4.5 trillion, marking a significant increase from its current value.
With exciting developments in products and a large, untapped customer base, investors are feeling bullish about Apple’s chances of sustaining its stock momentum into 2026.
