Apple’s iPhone 17 Drives Market Share Growth in India and China
Apple's iPhone 17 is witnessing unprecedented demand in India, propelling the company into the top five smartphone brands in the country. According to Counterpoint Research, India has now become the third-largest iPhone market globally, trailing only the U.S. and China. The device's launch momentum surpasses that of its predecessors, signaling robust consumer appetite.
In China, the base model iPhone 17 is outperforming earlier iterations, with strong sales ahead of the holiday season. This surge has buoyed investor sentiment, reflected in Apple's stock rally—AAPL shares have climbed 37% over the past six months. Analysts suggest the iPhone 17 could mark the beginning of a sustained growth cycle for the tech giant.