Apple stock rallies following strong iPhone 17 sales in U.S. and China

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Apple shares rose 4% on Monday as a new report showed iPhone 17 sales off to a strong start in the U.S. and China. The iPhone 17 series, which dropped in September, has outsold the iPhone 16 series by 14% in the U.S. and China within its first 10 days of availability, according to data from Counterpoint research. "The base model iPhone 17 is very compelling to consumers, offering great value for money," Counterpoint senior analyst Mengmeng Zhang said in the report. "A better chip, improved

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