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Apple Stock Surges on iPhone 17 Demand, Eyes $4 Trillion Valuation

Apple Stock Surges on iPhone 17 Demand, Eyes $4 Trillion Valuation

Author:

Global Cryptocurrency

Published:

2025-10-22 07:21:01

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BTCCSquare news:

Apple's shares reached a record high Monday as early indicators show robust demand for the upcoming iPhone 17 series, outperforming its predecessor in key markets like the U.S. and China. Loop Capital analyst Ananda Baruah highlights Apple's entry into a "long-awaited adoption cycle," projecting sustained iPhone shipment growth through 2027—the 20th anniversary of the iPhone.

The growth trajectory is expected to be fueled by a combination of upgrade cycles and renewed consumer interest driven by anticipated design innovations. Baruah suggests consensus estimates still underestimate the potential upside for both iPhone unit sales and average selling prices through 2027.

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