Shares of Apple have shot up after the launch of the iPhone 17, signalling that the tech giant may be back in favour with both consumers and investors. Here’s a breakdown of what’s happening.
📈 The Stock Rebound
Apple’s stock recently climbed nearly 4 % to close at around $262 a share, surpassing its previous all-time high of about $259 from December 2024. Morning Brew+2Investopedia+2
That surge lifted Apple’s market valuation to roughly $3.9 trillion, making it the world’s second-most valuable company behind Nvidia Corporation. Reuters+1
Analysts at firms like Loop Capital upgraded Apple’s rating from “hold” to “buy,” raising price targets and signalling renewed investor optimism. Morning Brew
📱 What the iPhone 17 is Doing
According to research from Counterpoint Research, the iPhone 17 series out-sold its predecessor (iPhone 16) by 14 % in its first ten days in both the US and China. Reuters+2Investopedia+2
Particularly in China, the base model’s sales nearly doubled compared to the iPhone 16’s launch. Investopedia+1
Why? The iPhone 17 comes with a faster A19 chip, improved display, higher base storage, and an enhanced selfie/front-camera experience — all while maintaining the predecessor’s price. Investopedia+1
🧐 Why This Matters
After a shaky year, in which Apple’s stock had been among the weaker performers in the “Magnificent Seven” tech group, this strong start offers a welcome boost. Morning Brew+1
Consumers upgrading their phones (especially those from the pandemic era) have helped drive demand. And investor confidence appears to be reviving. Morning Brew
Still, some analysts caution that sustaining this momentum may be difficult — after all, phone upgrade cycles vary and macroeconomic headwinds persist. Morning Brew
✅ Key Takeaways
- The iPhone 17 launch is doing more than just selling hardware — it’s giving Apple’s stock a meaningful lift.
- Strong demand in major markets (US & China) is a positive sign for Apple’s core business.
- Analysts’ upgraded outlooks reflect this moment of strength — but keeping it going won’t be automatic.
Conclusion
The iPhone 17 has arrived at an important moment for Apple: coming off a less-impressive release and a sluggish stock, the company has delivered an upgrade that seems to have resonated with both buyers and investors. For now, the rally in the stock suggests renewed belief in Apple’s ability to execute — but like any tech story, sustained success will require follow-through.
If you’re watching Apple not just as a consumer but as an investor, this is one launch worth keeping an eye on.
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Disclaimer
This article is for informational purposes only and does not constitute financial advice. Stock performance, product availability, pricing and other details may change. Always do your own research and consult a qualified professional before making investment decisions.
