Apple's iPhone 17 Outsells Previous Model in US, China

Core Insights - Apple is experiencing a 14% increase in iPhone 17 sales in the first ten days compared to iPhone 16 sales, with strong performance in both the US and China [1] Group 1: Sales Performance - The iPhone 17 has shown higher sales than the iPhone 16, indicating strong consumer interest [1] - Counterpoint research aligns with Bloomberg Intelligence findings, showing strong demand for the iPhone 17 and a significant number of consumers looking to upgrade within the next three months [2] Group 2: Consumer Behavior - Approximately 30% of customers are planning to upgrade their devices within a 4 to 6 month period, driven by features such as storage, battery life, screen quality, and camera capabilities [3] - There is notable interest in both the base model and the more expensive Pro and Max models, with 46% of Apple customers intending to upgrade to these higher-end options [4] - Only 5% of customers expressed interest in the new iPhone SE, suggesting it has yet to establish a strong market presence [4]