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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.

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CNBC

Shares of Apple move higher as iPhone orders indicate stronger demand

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  • 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
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References

Shares of Apple move higher as iPhone orders indicate stronger demand
Icon
CNBC
8 hours ago
Shares of Apple move higher as iPhone orders indicate stronger demand

Longer wait times for new iPhones indicate stronger demand, which is good news for Apple investors.

Shares of Apple move higher as iPhone orders indicate stronger demand
Icon
CNBC
8 hours ago
Shares of Apple move higher as iPhone orders indicate stronger demand

Analysts report modestly higher demand for all four new iPhone models, with especially strong demand in China and India.

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