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Apple Nears $4 Trillion Valuation as iPhone 17 Demand Surges in China and U.S.

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Apple shares soared 4.2% to $262.9 on Monday, pushing the tech giant’s market capitalization to $3.9 trillion — within striking distance of becoming the third company ever to hit $4 trillion. The surge follows stronger-than-expected early sales of the iPhone 17 series, which has outperformed its predecessor across key markets.

Data from Counterpoint Research showed that iPhone 17 sales in China and the United States were 14% higher during the first 10 days compared to the iPhone 16 launch, signaling renewed momentum for Apple’s flagship product. The rally places Apple just behind AI-chip leader Nvidia, now the world’s most valuable company.

Brokerage Evercore ISI added Apple to its Tactical Outperform List, predicting that the company will exceed quarterly forecasts and issue optimistic guidance for the December period. Analysts pointed to robust online orders in China, where delivery times suggest particularly strong early demand.

Apple’s September launch introduced an upgraded iPhone lineup, including the slimmer iPhone Air, while keeping prices stable despite U.S. tariff pressures. “The demand trends are clearly on the front foot again,” said Art Hogan, chief market strategist at B Riley Wealth.

After struggling earlier this year due to weakness in China and tariff concerns, Apple’s stock has rebounded since August, buoyed by its $100 billion U.S. investment plan aimed at mitigating trade risks. If the rally holds, Monday will mark Apple’s largest one-day gain in four weeks, setting the stage for its October 30 earnings report.

Apple’s Upcoming iPhone 18 Series, Including First Foldable Model, Expected to Run on 2nm A20 Chip

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Apple is reportedly preparing to power its next-generation iPhone 18 series with its first 2nm processors, marking a major leap in mobile chip technology. According to tipsters on Weibo, the standard iPhone 18 will be equipped with the A20 chip, while the higher-end iPhone 18 Pro, Pro Max, and the company’s first foldable iPhone, tentatively called the iPhone Fold, will feature the more powerful A20 Pro chipset. This advancement is expected to bring improved energy efficiency, faster processing, and enhanced AI and graphics capabilities for Apple’s upcoming smartphones. Devamını Oku

Apple defies slowdown with higher iPhone shipments in China thanks to iPhone 17

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Apple’s shipments in China rose slightly in the third quarter, boosted by strong demand for its new iPhone 17 series, according to data released by research firm IDC. Shipments grew 0.6% year-on-year to 10.8 million units, giving Apple a 15.8% share of China’s smartphone market and securing its position as the country’s second-largest vendor.

Overall, China’s smartphone market continued to face weak demand, with total shipments falling 0.6% to 68.4 million units in the third quarter, following a 4% drop in the previous quarter. Despite the sluggish environment, Apple outperformed rivals, becoming the only brand among China’s top three vendors to post growth during the period.

IDC analyst Will Wong credited the success to Apple’s “value-for-money” iPhone 17 base model, which appealed to cost-conscious consumers while maintaining premium quality. By contrast, Huawei’s shipments slipped 1% to 10.4 million units, placing it third, and Xiaomi’s fell 1.7% to 10 million units, ranking fourth. Market leader Vivo saw a sharper decline of 7.8%, down to 11.8 million units.

IDC expects the Chinese smartphone market to recover modestly in early Q4, driven by the release of new flagship models launched in recent months.