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Benzinga
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Apple iPhone 17 Demand Could Exceed Expectations: Gene Munster Says 'Upside Over The Next Year' Coming

1. Strong early demand for iPhone 17 drives potential upside for AAPL. 2. Lead times for iPhone 17 average 2.6 weeks, indicating strong sales. 3. China shows significant demand with 4.4 weeks lead time, up 119%. 4. Munster predicts 8% iPhone revenue growth, surpassing Street estimates. 5. Apple must beat estimates to maintain stock price momentum.

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FAQ

Why Bullish?

Strong demand for iPhone 17 generally leads to positive price movement. Historical patterns show that early demand correlates with successful product launches, such as the iPhone 6 in 2014.

How important is it?

The article highlights factors that directly affect iPhone sales, pivotal for AAPL's revenue. Positive indicators provide actionable insights for investment decisions.

Why Short Term?

Immediate impact expected as demand translates into sales in upcoming quarter. Comparisons to iPhone 16 launch indicate potential for rapid stock price adjustment.

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