Apple Reports Strongest iPhone Growth Since Pandemic on iPhone 17 Demand
Apple Inc. is experiencing its most robust smartphone sales surge since the pandemic era, driven by enthusiastic reception for the redesigned iPhone 17. Supply chain indicators and carrier data reveal pre-launch demand exceeding expectations, with Visible Alpha projecting 4% revenue growth to $209.3 billion in fiscal 2025.
Market signals point to sustained momentum. Bank of America analysts note iPhone 17 shipping times running 13% longer than its predecessor - a classic indicator of strong consumer interest. The return of physical queues at Apple Stores and increased trade-in activity further validate the upgrade cycle's strength.
While cryptocurrency markets remain disconnected from this tech sector performance, the resurgence of premium device demand suggests broader consumer confidence in discretionary spending. Apple's growth trajectory now forecasts 5% revenue growth to $218.9 billion by 2026, with unit sales potentially reaching 240-260 million by 2030.