LeadStory

How are iPhone 17 sales?

Asked 4 hours ago

Answer

iPhone 17 sales are strong across all models, with especially high demand for the baseline Pro model in China due to the unavailability of the iPhone Air and certain subsidies. The sales cycle is performing better than expected, contributing to Apple's sustained earnings growth and rising gross margins.

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CNBC

Report: Strong orders for iPhone 17

CNBC · New
CNBC
CNBC
New
  • Strong demand for iPhone 17 models, with extended lead times for the baseline Pro, especially in China. 15s
  • Increased demand in China is partly due to the unavailability of the iPhone Air and subsidies for the base model. 31s
  • Apple's earnings growth is increasingly driven by its large device base and high-margin services. 1m 49s
  • Gross margins are expected to rise, potentially reaching 50 percent, aided by product mix and currency effects. 2m 37s
  • Analysts see potential for further share price growth as Apple leverages artificial intelligence. 3m 17s
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References

Report: Strong orders for iPhone 17
Icon
CNBC
9 hours ago
Report: Strong orders for iPhone 17

Lead times for the Pro and Pro Max are similar to prior years, but the baseline Pro model has extended lead times, especially in China, indicating strong demand.

Report: Strong orders for iPhone 17
Icon
CNBC
9 hours ago
Report: Strong orders for iPhone 17

This iPhone 17 cycle is turning out better than most expected, with strong demand for all models.

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