1. Apple's iPhone 17 pre-orders indicate strong demand, prompting increased production. 2. Suppliers have been instructed to raise entry-level model production by 30%.
Strong pre-orders suggest robust consumer demand, similar to previous iPhone launches that drove AAPL's stock up historically.
Increasing production due to strong demand signals market confidence, potentially boosting AAPL's short-term stock performance.
Initial strong demand often leads to an immediate boost in stock performance, followed by longer-term stabilizations.