Apple iPhone 17 Sales Are Booming. Its Stock Is Hitting Record Highs Too.

Key Takeaways* Global smartphone shipments are expected to be 1.5% higher in 2025, up from the previous prediction of a 1% gain, thanks to demand for Apple's iPhone 17, according to tech information provider International Data Corporation.* IDC said Apple will post a record number of shipments this year because of the success of the iPhone 17, led by demand in China.* Apple shares hit a new all-time high Wednesday morning.A new report predicts worldwide smartphone shipments for 2025 will be up 1.5% from ...