iPhone Revenue Just Jumped 40%. Should You Buy AAPL Stock Here?
iPhone Revenue Just Jumped 40%. Should You Buy AAPL Stock Here?
Aanchal Sugandh - Barchart - Fri Dec 5, 8:30AM CST
Apple (AAPL) continues to command global attention as the iPhone 17 cements its position as a runaway hit. The company has turned October into a victory lap, posting a surge in sales that outpaced last year’s iPhone 16 performance by a wide margin.
Bernstein Société Générale Group reports that the iPhone 17 lineup delivered a 20% in unit sales over the iPhone 16 series based on combined sales in September and October, proving that Apple still knows how to engineer consumer excitement. The demand helped Apple seize a record 24.2% market share in October, alongside revenue gains of 14% year-over-year (YOY) and 40% month-over-month (MOM).
In fact, even the International Data Corporation (IDC) is calling the iPhone 17 a “ phenomenal success,” noting heavy traction in China, where Apple had previously battled slowing demand. With IDC forecasting 247.4 million iPhone shipments in 2025, up 6% year-over-year (YOY), and Apple CEO Tim Cook projecting a strong holiday quarter, investors now wonder if Apple stock deserves fresh attention.
About Apple Stock
Based in Cupertino, California, Apple remains the crown jewel of the global tech arena. Its hardware lineup, which includes iPhone, Mac, iPad, Apple Watch, and AirPods, works in seamless harmony with services like the App Store, iCloud, Apple Music, and Apple TV+, creating a revenue engine with remarkable staying power.
With a towering market cap of approximately $4.2 trillion, Apple is now pushing aggressively into next-generation hardware, deeper artificial intelligence (AI) capabilities, and a faster-growing subscription ecosystem.
AAPL stock reflects this loyalty and momentum. Over the past 52 weeks, shares climbed 15.51%, while the past six months alone delivered a robust 38.4% rally. For comparison, the Roundhill Magnificent Seven ETF (MAGS) gained 24.94% over the past year and 27.16% in the past six months.
PS
Guess the shills/"experts" got Apple AI totally wrong.
Anything else new?
PSS
I, still, would not own an iAnything.
PSSS
Cook & Co yuge Shrink n Stackers.
:-)
ASML
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