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Apple Stock Climbs to Record High Following Signs of Strong Start to iPhone 17 Sales

1. iPhone 17 sales surpass iPhone 16 by 14% in first 10 days. 2. Apple shares reached an all-time high following strong demand. 3. Base model in China drove sales, while Pro Max was popular in the U.S. 4. Strong early sales suggest resilient consumer spending amid economic uncertainty. 5. Counterpoint highlights significant upgrades in iPhone 17's value proposition.

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FAQ

Why Very Bullish?

iPhone 17's strong performance compares favorably to historical product launches, boosting investor confidence.

How important is it?

Strong demand for iPhone 17 can significantly impact AAPL's revenue and stock performance.

Why Short Term?

Immediate sales momentum is likely to sustain positive price action, similar to past launches.

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