Source: aajtak
Apple is once again in the spotlight, but this time it's not about their phones, laptops, or any gadgets. It's their stock that has caught everyone's attention. This Monday, Apple's stock reached new heights, pushing the company's market valuation tantalizingly close to $4 trillion. (Photo: ITG)
Source: aajtak
The surge in stock price is heavily attributed to the booming sales of the iPhone 17 series. Apple's stock price has climbed 4.2%, hitting $262.9, which has pushed their total market share to $3.9 trillion.
(Photo: ITG)
Source: aajtak
In doing so, Apple has become the second most valuable company globally. If the growth in Apple's stock continues at this rate, it's on track to achieve a $4 trillion market share very soon. The company is set to announce its quarterly results on October 30.
(Photo: ITG)
Source: aajtak
According to Counterpoint, the iPhone 17 series has outperformed its predecessors significantly. Initial sales figures suggest that Apple’s flagship phones will continue to dominate the market.
(Photo: ITG)
Source: aajtak
Apple phones consistently top the annual best-selling smartphone lists. Launched in September this year, the iPhone 17 series, alongside the notably slim iPhone Air, has captured consumer interest.
(Photo: ITG)
Source: aajtak
In the iPhone 17 series, Apple has enhanced the camera, processor, and display. The iPhone 17 boasts a 6.3-inch Super Retina XDR OLED display, coupled with the powerful A19 processor.
(Photo: ITG)
Source: aajtak
The phone features a dual rear camera setup with two 48MP cameras, while the front is equipped with an 18MP camera. The iPhone 17 Pro steps up with the A19 Pro processor and introduces a triple rear camera configuration of 48MP each. The front continues with the 18MP offering.
