Apple's new iPhone 17 outsells old model in US, China – boosting stock to all-time high
1. iPhone 17 series outsells iPhone 16 by 14% in first week. 2. Apple shares jump over 4% to reach all-time high. 3. iPhone 17 demand surge attributed to improved specs and A19 chip. 4. The iPhone Air sold out quickly, showcasing strong consumer interest. 5. iPhone accounts for about 50% of Apple's revenue.