The Apple iPhone 17 hit the market in September and sold out after minutes of going on sale. With the global release of new products, they outsold iPhone 16 series by 14% just on the first ten days and reached a new high of valuation. This new series brings many improvements which should make up for the many flaws in products from earlier this year.
Its success can be proved by Apple’s customer reactions. 300 people arrive at an Apple store in Beijing on the first day. One customer said “I really like the 17 series’ redesign. […] The Air Model looks good too, but the Pro Max gives longer battery life.”
Apple pledged improvements to the new iPhone such as having a brighter and more scratch resistant screen. Its picturing systems also made improvements and horizontal selfies will look better than before.
As these products took off the ground, Apple’s market capital grew to 3.9 trillion Dollars right behind Nvidia, which is 4.4 trillion Dollars. This series helps Apple move up a step in beating the competition from China with Huawei, and is not affected by tariffs because Apple pledged to invest 100 billion Dollars in production in America.
This new series by Apple definitely brings Apple up a step, but it is still behind the growth rate of the Magnificent Seven.