Apple(US:AAPL) Feng Huang Wang·2025-10-20 01:28Core Insights - Apple's new iPhone 17 is driving the company's strongest smartphone revenue growth since the pandemic, with significant redesigns attracting consumer interest [2][3] - Analysts predict a recovery in Apple's smartphone revenue growth, with an expected increase of 4% in fiscal year 2025, reaching $209.3 billion, and nearly 5% growth in fiscal year 2026, reaching $218.9 billion [2] Group 1 - The iPhone 17 has shown stronger-than-expected early momentum prior to its September launch, surpassing Wall Street's expectations [2] - The delivery times for iPhone 17 have been extended compared to previous years, indicating strong market demand [2] - Significant upgrades in camera, display, and battery features of the iPhone 17 are encouraging more users to replace their old devices [3] Group 2 - Apple's smartphone revenue declined by 2% in fiscal year 2023, with expectations of flat revenue in fiscal year 2024 due to a consumption peak during the pandemic [2]