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Apple Gains as iPhone 17 Hits Record $170 Billion Revenue Milestone

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

News Summary

  • Apple's iPhone 17 lineup generated a record $170 billion in launch-year wholesale revenue, up 11% year-over-year, according to Counterpoint Research.
  • Strong China growth (+35%) and stable pricing despite component inflation drove gains, with momentum expected to continue into the upcoming iPhone 18 and foldable cycle.
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