Financial and Business News

Apple Stock Up 3.3% as iPhone 17 Beats Old Model in Early Demand

Monday, 20/10/2025 | 15:07 GMT by Tareq Sikder
  • Base iPhone 17 nearly doubles sales in China versus previous model.
  • Analysts expect slow growth, with significant developments unlikely before 2026.
apple artificial intelligence AI
Apple is shuffling the cards and appears to be banking on AI.

Apple’s iPhone 17 series has seen stronger early sales than its predecessor in the United States and China, according to research firm Counterpoint.

The early demand supported Apple’s stock, which traded around $260.90 on Nasdaq, up roughly 3.3% today (Monday). According to market participants, the rise contributed to broader market gains.

iPhone 17 Early Sales Lift Apple Stock

The new iPhone models outsold the iPhone 16 series by 14% during the first ten days after launch in the two markets.

Join IG, CMC, and Robinhood at London’s leading trading industry event!

Apple, Source: TradingView
Apple, Day Chart, Source: TradingView

Apple’s stock performance added about 70 points to the Dow Jones Industrial Average. While sentiment remained generally positive, some analysts said Apple’s next major growth phase may take time, with stronger catalysts expected later in 2026.

Apple Sees Early iPhone 17 Demand

Counterpoint reported that sales of the base model iPhone 17 nearly doubled in China compared with the iPhone 16 during the same period. Across both markets, sales of the model increased by 31%.

“The base model iPhone 17 is very compelling to consumers, offering great value for money,” said Senior Analyst Mengmeng Zhang. Zhang noted that the model includes an improved chip, display, and selfie camera, along with higher base storage, while maintaining the same price as the iPhone 16.

Apple launched the iPhone 17 series globally in September, including in China. Early demand reinforced the company’s position in key smartphone markets. Analysts added that Apple’s broader growth outlook remains gradual, with major developments expected in 2026.

Apple’s iPhone 17 series has seen stronger early sales than its predecessor in the United States and China, according to research firm Counterpoint.

The early demand supported Apple’s stock, which traded around $260.90 on Nasdaq, up roughly 3.3% today (Monday). According to market participants, the rise contributed to broader market gains.

iPhone 17 Early Sales Lift Apple Stock

The new iPhone models outsold the iPhone 16 series by 14% during the first ten days after launch in the two markets.

Join IG, CMC, and Robinhood at London’s leading trading industry event!

Apple, Source: TradingView
Apple, Day Chart, Source: TradingView

Apple’s stock performance added about 70 points to the Dow Jones Industrial Average. While sentiment remained generally positive, some analysts said Apple’s next major growth phase may take time, with stronger catalysts expected later in 2026.

Apple Sees Early iPhone 17 Demand

Counterpoint reported that sales of the base model iPhone 17 nearly doubled in China compared with the iPhone 16 during the same period. Across both markets, sales of the model increased by 31%.

“The base model iPhone 17 is very compelling to consumers, offering great value for money,” said Senior Analyst Mengmeng Zhang. Zhang noted that the model includes an improved chip, display, and selfie camera, along with higher base storage, while maintaining the same price as the iPhone 16.

Apple launched the iPhone 17 series globally in September, including in China. Early demand reinforced the company’s position in key smartphone markets. Analysts added that Apple’s broader growth outlook remains gradual, with major developments expected in 2026.

Topics
Apple
nasdaq
china
About the Author: Tareq Sikder
Tareq Sikder
  • 1997 Articles
  • 34 Followers
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

More from the Author

Trending

Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans

Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans

In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next. He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets. Watch the whole talk to learn more about how Versus Trade works and where it is heading. #financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation

In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next. He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets. Watch the whole talk to learn more about how Versus Trade works and where it is heading. #financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
More Videos

  • Marketing in 2026 Audiences, Costs, and Smarter AI

    Marketing in 2026 Audiences, Costs, and Smarter AI

    As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly. Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them. Attendees of this session will walk away with: - A nuts-and-bolts account of acquisition costs across platforms and geos - Analysis of today’s multi-layered audience segments and differences in behaviour - First-hand account of how global brokers balance consistency and local flavour - Notes from the field about intelligently using AI and automation in marketing Speakers: -Yam Yehoshua, Editor-In-Chief at Finance Magnates -Federico Paderni, Managing Director for Growth Markets in Europe at X -Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO -Itai Levitan, Head of Strategy at investingLive -Roberto Napolitano, CMO at Innovate Finance -Tony Cross, Director at Monk Communications #fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly. Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them. Attendees of this session will walk away with: - A nuts-and-bolts account of acquisition costs across platforms and geos - Analysis of today’s multi-layered audience segments and differences in behaviour - First-hand account of how global brokers balance consistency and local flavour - Notes from the field about intelligently using AI and automation in marketing Speakers: -Yam Yehoshua, Editor-In-Chief at Finance Magnates -Federico Paderni, Managing Director for Growth Markets in Europe at X -Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO -Itai Levitan, Head of Strategy at investingLive -Roberto Napolitano, CMO at Innovate Finance -Tony Cross, Director at Monk Communications #fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

  • Fail Better Trading Tech to Tackle Industry Risks

    Fail Better Trading Tech to Tackle Industry Risks

    Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy. This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions. Attendees will hear: -Why platform dependency has become one of the most overlooked risks in the trading business? -Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’? -How AI is already changing execution, risk, and reporting—and what’s next? -Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention? Speakers: -Stephen Miles, Chief Revenue Officer at FYNXT -John Morris, Co-Founder at FXBlue -Matthew Smith, Group Chair & CEO at EC Markets -Tom Higgins, Founder & CEO at Gold-i -Gil Ben Hur, Founder at 5% Group #fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy. This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions. Attendees will hear: -Why platform dependency has become one of the most overlooked risks in the trading business? -Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’? -How AI is already changing execution, risk, and reporting—and what’s next? -Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention? Speakers: -Stephen Miles, Chief Revenue Officer at FYNXT -John Morris, Co-Founder at FXBlue -Matthew Smith, Group Chair & CEO at EC Markets -Tom Higgins, Founder & CEO at Gold-i -Gil Ben Hur, Founder at 5% Group #fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

  • Educators, IBs, And Other Regional Growth Drivers

    Educators, IBs, And Other Regional Growth Drivers

    When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers. This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025. Key Themes: - Building trader communities through education and local expertise - Aligning broker incentives with long-term regional strategies - Regional regulation and the realities of compliant acquisition - What’s next for performance-driven partnerships in online trading Speakers: -Adam Button, Chief Currency Analyst at investingLive -Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets -Brunno Huertas, Regional Manager – Latin America at Tickmill -Paul Chalmers, CEO at UK Trading Academy #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers. This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025. Key Themes: - Building trader communities through education and local expertise - Aligning broker incentives with long-term regional strategies - Regional regulation and the realities of compliant acquisition - What’s next for performance-driven partnerships in online trading Speakers: -Adam Button, Chief Currency Analyst at investingLive -Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets -Brunno Huertas, Regional Manager – Latin America at Tickmill -Paul Chalmers, CEO at UK Trading Academy #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

  • The Leap to Everything App: Are Brokers There Yet?

    The Leap to Everything App: Are Brokers There Yet?

    As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place. This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced. Speakers: -Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association -Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co. -Jordan Sinclair, President at Robinhood UK -Simon Pelletier, Head of Product at Yuh Gerald Perez, CEO at Interactive Brokers UK #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place. This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced. Speakers: -Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association -Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co. -Jordan Sinclair, President at Robinhood UK -Simon Pelletier, Head of Product at Yuh Gerald Perez, CEO at Interactive Brokers UK #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official