Strong demand signals for iPhones push Apple into the green

Core Insights - Demand for the iPhone 17 lineup is strong, with wait times for online orders higher than last year, indicating robust consumer interest [2][4] - The Pro models are particularly popular in the U.S., with T-Mobile reporting that 75% of their sales are from Pro or Pro Max models, marking the biggest iPhone weekend ever for the carrier, up by double digits from the previous year [3] - In China, the base model of the iPhone 17 is experiencing a surge in demand due to government subsidies, prompting Apple to request suppliers to increase production [4] Demand Analysis - The wait times for iPhone 17 orders are generally longer than those from the previous year, suggesting increased demand [2] - T-Mobile's CEO noted a significant increase in sales, indicating a strong market response to the new models [3] - The base model's qualification for government subsidies in China is driving demand, with Apple responding by increasing production [4] Sales Projections - Analysts expect iPhone 17 sales to grow by 5% in the December quarter compared to the iPhone 16 from last year [5] - The iPhone Air model has ample supply, suggesting it may not be as popular as the Pro models [5] Strategic Focus - Apple is currently focusing on design, battery life, and camera improvements for the iPhone 17, with artificial intelligence features on hold until next year [5]