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Apple Stock Rises After iPhone 17 Launch as Crowds Flock to Stores

It’s been a little while since Apple unveiled the iPhone 17 lineup, and the initial frenzy has started to settle. In our earlier coverage, we outlined the key features of the iPhone 17 Pro Max and how it represented Apple’s biggest upgrade in years.

Market Impact and Stock Reaction

The days surrounding the launch showed how closely Apple’s stock performance is tied to its flagship iPhone. Immediately after the unveiling event, the stock dipped slightly as some investors worried about pricing and whether the phone’s upgrades would be enough to drive demand.

However, once preorders opened and the first sales data came in, sentiment quickly changed. Reports of long queues, strong demand in US, and faster-than-expected sell-outs of the Pro Max model gave Apple’s shares a significant boost. The stock rallied roughly 3% on launch day, briefly touching a new yearly high and regaining much of its earlier losses.

Analysts have since revised their expectations upward. Some now predict that iPhone shipments could surpass 200 million units in the next year, driven by higher upgrade rates and strong demand for the Pro Max in particular. Early preorder figures from key markets suggest that consumer interest is indeed stronger than for the iPhone 16 series.

Consumer Frenzy at Launch

When the iPhone 17 lineup finally hit shelves, Apple Stores across major cities saw long queues and packed showrooms. Reports from New York, London, and Dubai described crowds lining up before doors opened — a scene reminiscent of past Apple product debuts. This surge of foot traffic not only signaled strong consumer excitement but also reassured investors that demand for the new models, especially the iPhone 17 Pro Max, was holding firm despite earlier skepticism.

Large crowd of people lined up outside an Apple Store for the iPhone 17 launch, showcasing high consumer demand and excitement.

Final Thoughts

Despite its familiar exterior, the iPhone 17 Pro Max represents Apple’s biggest leap in years. A reengineered chip, improved cameras, and much longer battery life make it a meaningful upgrade. More importantly, the early signs of strong demand have already translated into a positive shift in Apple’s stock performance.

If these trends continue, the iPhone 17 Pro Max could drive Apple’s largest sales growth in recent memory. Investors are watching closely, and it’s clear that the new iPhone isn’t just a product launch — it’s a potential turning point for Apple’s momentum in both technology and the stock market.

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