Apple Shares Surge Amid Unprecedented iPhone 17 Demand

The iconic queues outside Apple stores may soon reappear, but this time driven by scarcity rather than pure consumer excitement. In a rare admission, CEO Tim Cook confirmed that multiple iPhone 17 models have already sold out, attributing the situation not to manufacturing constraints but to “exceptionally robust demand.” While competitors face declining market share, Apple appears to be experiencing a remarkable resurgence. The critical question remains whether the technology giant can convert this momentum into sustained profitability.

Market sentiment among major investors presents a fragmented picture. Loop Capital has upgraded Apple shares to a “Buy” rating, expressing confidence in the current iPhone 17 cycle. Conversely, Planning Center Inc. reduced its stake by Read more...