Apple iPhone 17 Sales Up 14% In U.S. And China
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The new iPhone 17 series—including the iPhone Air, which is Apple’s skinniest iPhone ever—is reportedly a hit with customers.
Apple Inc. (NASDAQ:AAPL) ranks among the best consumer electronics stocks to buy now. Despite observing a slowdown in the growth of App Store revenue, Evercore ISI reaffirmed its Outperform rating and $290 price target for Apple Inc.
The broad markets are mixed to kick off trading today. S&P 500 down -0.10% Dow Jones Industrial Average up 0.13% Nasdaq down -0.30% Despite the trade war and one of the longest government shutdowns in history,
Wedbush highlighted strong demand for Apple's (AAPL) iPhone 17 and AI initiatives as key while the company marches towards the $4T market cap club.
Reports suggest that these models are witnessing higher demand compared to previous years, as indicated by extended delivery times for customers.
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Cramer Recommends Apple
News of brisk sales of the iPhone 17 boosted Apple stock. So did Jim Cramer’s comments about the company’s strong brand and promising future.
Apple (AAPL) and Formula 1 announced a five-year partnership that will bring all F1 races exclusively to Apple TV in the United States beginning next year. “The partnership builds on Apple’s deepening relationship with Formula 1 following the global success of Apple Original Films’ adrenaline-fueled blockbuster F1 The Movie,