How is Apple stock doing?
Asked 5 hours ago
Answer
Apple stock is moving higher due to strong iPhone pre-orders, especially in China and India, with longer wait times signaling robust demand.
Now Playing
- Apple shares have risen as initial iPhone pre-orders show stronger demand than last year.
- Analysts report longer wait times for all four new iPhone models, especially in China. 23s
- The iPhone 17 base model in China is popular due to new government subsidies. 46s
- Lead times are also higher in the U.S. and India, where more iPhones are being built locally. 1m 3s
- Apple also launched a new Apple Watch with FDA-approved hypertension alerts and updated AirPods Pro. 1m 26s