Apple iPhone 17 Drives Record Smartphone Shipments as Stock Hits All-Time High
Global smartphone shipments are projected to rise 1.5% in 2025, exceeding earlier estimates, fueled by unprecedented demand for Apple's iPhone 17. International Data Corporation (IDC) now forecasts 247 million units shipped—a 6.1% year-over-year surge—with China as the primary growth engine.
Apple shares reached record levels Wednesday as the company defies broader market stagnation. IDC's revised outlook serves as a critical bellwether for investors, signaling sustained dominance in premium device markets despite macroeconomic headwinds.