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Apple (AAPL) Soars on Staggering iPhone 17 Demand and AI Deals, Beats Revenue Estimates

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Apple's strong iPhone 17 demand drove 16% revenue growth, notably in China and India, despite wearables supply constraints and upcoming memory chip cost pressures.
  • The company forecasts even higher revenue growth in the March quarter, with sustained market share gains and AI partnerships bolstering outlook.
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AAPL price history

337.00 +19.36% over the displayed period

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